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Please help, and post the steps on each step, thanks in advance. Excel Activity: Financial Statements, Cash Flow, and Taxes Laiho Industries's 2020 and 2021

Please help, and post the steps on each step, thanks in advance.

Excel Activity: Financial Statements, Cash Flow, and Taxes Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. values, if any. rate was 25%, and Laiho pays 47.25% 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) year to the next is the annual depreciation expense for the year

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