Given the information in the table on KMS, did KMS's expansion plan call for it to grow slower or faster than its sustainable growth rate? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The actual growth rate for 2014 is %. (Round to two decimalplaces.) The actual growth rate for 2015 is %. (Round to two decimalplaces.) The actual growth rate for 2016 is %. (Round to two decimalplaces.) The actual growth rate for 2017 is %.(Round to two decimalplaces.) The actual growth rate for 2018 is %.(Round to two decimalplaces.) The sustainable growth rate for 2014 is %. (Round to two decimal places.) The sustainable growth rate for 2015 is %. (Round to two decimal places.) The sustainable growth rate for 2016 is %. (Round to two decimal places.) The sustainable growth rate for 2017 is %,(Round to two decimal places.) The sustainable growth rate for 2018 is % (Round to two decimal places.) KMS's expansion calls for it to grow (faster/slower) than its sustainable growth rate, 2018 2019 2020 2021 2022 2023 Income Statement $(000s) Sales Cost of Goods Sold EBITDA Depreciation EBIT Interest Expenso Pre-tax Income Taxes Net Income $74,831 58,368 $16,463 5,492 $10,971 306 $10,665 3,733 $6,932 $88,394 68,947 $19,447 7,447 $12,000 306 $11,694 4,093 $7,601 $103,311 80,583 $22,728 7,503 $15,225 1,666 $13,559 4,746 $8,813 $119,751 93,406 $26,345 7,576 $18,769 1,666 $17,103 5,986 $11,117 $138,168 107,771 $30,397 7,624 $22,773 1,666 $21.107 7,387 $13,720 $158,619 123,723 $34,896 7,632 $27,264 1,666 $25,598 8,959 $16,639 Payout Ratio Additions to shareholder equity Beginning shareholder equity 30% $4,852 $5,321 74,134 $6.169 79,455 $7,782 85,624 $9,604 93,406 $11.647 103,010