Income Statement Balance Sheet

Sales $$45,000$ Assets $$104,500$ Debt $$28,200$

Costs $36,100$ Equity $76,300$

Taxable income $$8,900$ Total $$104,500$ Total $$104,500$

Taxes $(24\%)2,136$

Net income $$6,764$

Dividend paid $$3,000$

Next year's sales $$66,000$

Tax rate $24\%$