Hey, last time I posted this the majority of the answers were wrong. Thanks for the help.$-$

Laiho Industries: Balance Sheets as of December $31($thousands of dollars$)$

$||2021|2020|$

$|----------------------|-----------|----------|$

$|$ Cash $|$ $$107,614|$ $$90,340|$

$|$ Accounts receivable $|$ $$102,121|$ $$86,124|$

$|$ Inventories $|$ $$38,941|$ $$35,487|$

$|$ Total current assets $|$ $$248,676|$ $$211,951|$

$|$ Net fixed assets $|$ $$69,566|$ $$43,695|$

$|$ Total assets $|$ $$318,242|$ $$255,646|$

$||||$

$|$ Accounts payable $|$ $$32,544|$ $$24,390|$

$|$ Accruals $|$ $$28,065|$ $$21,224|$

$|$ Notes payable $|$ $$14,731|$ $$12,251|$

$|$ Total current liabilities $|$ $$75,340|$ $$57,865|$

$|$ Long$-$term debt $|$ $$74,650|$ $$63,750|$

$|$ Total liabilities $|$ $$149,990|$ $$121,615|$

$|$ Common stock $|$ $$102,500|$ $$90,000|$

$|$ Retained earnings $|$ $$65,752|$ $$44,031|$

$|$ Total common equity $|$ $$168,252|$ $$134,031|$

$|$ Total liabilities and equity $|$ $$318,242|$ $$255,646|$

$---$

Sales for $2021$ were $$466,150,000,$ and EBITDA was $16\%$ of sales. Furthermore, depreciation and amortization were $17\%$ of net fixed assets, interest was $$8,875,000,$ the corporate tax rate was $25\%,$ and Laiho pays $46\mathrm{.}25\%$ of its net income as dividends. Given this information, construct the firm's $2021$ income statement.

$---$

Laiho Industries: Income Statement for Year Ending December $31,2021($thousands of dollars$)$

$||2021|$

$|------------------------------|-----------------|$

$|$ Sales $|$ $$466,150|$

$|$ Operating costs excluding depreciation and amortization $|\_|$

$|$ EBITDA $|$ $$\_|$

$|$ Depreciation and amortization$|\_|$

$|$ EBIT $|$ $$\_|$

$|$ Interest $|\_|$

$|$ EBT $|$ $$\_|$

$|$ Taxes $(25\%)|\_|$

$|$ Net income $|$ $$\_|$

$|||$

$|$ Common dividends $|$ $$\_|$

$|$ Addition to retained earnings$|$ $$\_|$

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Construct the statement of stockholders' equity for the year ending December $31,2021,$ and the $2021$ statement of cash flows. Hint: The difference in accumulated depreciation from one year to the next is the annual depreciation expense for the year.

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Laiho Industries: Statement of Stockholders' Equity, December $31,2021($thousands of dollars$)$

$||$ Common Stock $|$ Retained Earnings $|$ Total Stockholders' Equity $|$

$|---------------------------|--------------|-------------------|----------------------------|$

$|$ Balances, December $31,2020|$ $$\_|$ $$\_|$ $$\_|$

$|$ Common stock issue $|\_|\_||$

$|2021$ Net income $|||$ $$\_|$

$|$ Cash dividends $|||$ $$\_|$

$|$ Addition to retained earnings $|||$ $$\_|$

$|$ Balances, December $31,2021|$ $$\_|$ $$\_|$ $$\_|$

$---$

Laiho Industries: Statement of Cash Flows for $2021($thousands of dollars$)$

$||2021|$

$|--------------------------------|-------------------|$

$|$ Operating Activities $||$

$|$ Net income $|$ $$\_|$

$|$ Depreciation and amortization $|\_|$

$|$ Increase in accounts payable $|\_|$

$|$ Increase in accruals $|\_|$

$|$ Increase in accounts receivable$|\_|$

$|$ Increase in inventories $|\_|$

$|$ Net cash provided by operating activities $|$ $$\_|$

$|$