Income Statement for the year ending December 31, 2018 (In thousands) Sales $30,000 COGS 13,650 16,350 Selling Expenses 3,000 Depreciation 2,250 Fixed Expenses 3,000 EBIT 8,100 Taxes (40%) 3,240 Net Income 4,860 Common Stock Div. 900 Retained Earnings $3,960 Balance SheetDecember 31, 2018 (In thousands) Assets: Total Current Assets $75,000 Net Plant & Equipment 52,500 Total Assets $127,500 Liabilities & Equity: Accounts Payable $30,000 Notes Payable 7,500 Accrued Expenses 7,500 Bonds Payable 30,000 Common Stock 30,000 Capital in Excess of Par 15,000 Retained Earnings 7,500 Total Liabilities & Equity $127,500 2019 Forecasted Sales: $37,500 Maintaining current dividend policy, what are expected dividends forecast to be next year? O $1,125 O $937 O $4,950 O $3,750 If selling expenses remain a constant percentage of sales, what is their forecast for next year? O $4,350 O $3,150 O $4,950 O $3,750 What are expected taxes for next year? O $15,000 O $4,050 O $7,125 O $12.250