Graffiti Advertising, Inc., reported the following financial statements for the last two years. Sales 2019 Income Statement Costs of goods sold Selling & administrative Depreciation EBIT Interest EBT Taxes Net income $571,200 273,965 124,721 54,564 $ 117,950 19,560 A $ 98,390 39,356 $ 59,034 Dividends $ 10,800 Addition to retained $ 48,234 earnings