Given the information in the table on KXS E did KXS's expansion plan call for it to grow slower or faster than ts 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 it anticipation of the return of standard depreciation practices during your career. Click on the icon located on the top-right corner of the data table below to copy its contents into a spreadsheet 2018 2019 2020 2021 2022 2023 Income Statement $(000s) Sales Cost of Goods Sold EBITDA Depreciation EBIT Interest Expense Pre-tax Income Taxes Net Income $74,819 $88,421 $103,297 $119,776 $138,314 $158,532 58,359 68,968 80,572 93,425 107,885 123,655 $16,460 $19,453 $22,725 $26,351 $30,429 $34,877 5,502 7,451 7,485 7,573 7,620 7,646 $10,958 $12,002 $15,240 $18,778 $22,809 $27,231 306 306 1,666 1,666 1,666 1,666 $10,652 $11,696 $13,574 $17,112 $21,143 $25,565 3,728 4,094 4,751 5,989 7,400 8,948 $6,924 $7,602 $8,823 $11,123 $13,743 $16,617 Payout Ratio Additions to shareholder equity Beginning shareholder equity 30% $4,847 $5,321 74,134 $6,176 79,455 $7,786 85,631 $9,620 $11,632 93,417 103,037