Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be entered as 1 , not 1,000. hound your answers to the nearest whole number, Use a minus sign to enter negatove values, if any. a. Sales for 2021 were $442,150,000, and EBrDA was 14% of sales. Furthermore, depreclation and amortization were 19% of net fixed assets, interest was $8,425,000, the corporate tax rate was 25%, and Lalho pays 47.25% of ils net income as dividends. Given this information, construct the firm's 2021 income statement. tatho Industriest Income Statement for Year Ending December 31, 2021 (thousands of dollars) b. Construct the statement of stockholders' equity for the year ending December 31,2021 , and the 2021 statement of cash hows. Hinc: 7 he tillerence in accumulated depreclation from one year to the next is the annual deprecition expense for the yeas? Laiho Industrles: Statement of Stockholders' Equity, December 31, 2021 (thousands of dollars) Lalho Industries: Statement of Cash Flows for 2021 (thousands of dollars) c. Calculate 2020 and 2021 net eperating working captal (NowC) and 2021 free cash flow (fCr). Assume the firm has no excess cash. NOWC2020: 1 thousand NOWC 2021 : 5 thousand PCF 2021:5 thousand d. If Laiho increased its dividend payout ratio, what effect would this have on corporate taxes paid? What effect would this have on taxes paid by the company's shareholders? If taiho increased its dividend oavout ratio. the firm would aav coroorate taxes and the comosnv's shareholders would oar