Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2022 2021 Sales $ 12,000 $10,000 Operating costs excluding depreciation 10,542 8,666 Depreciation and amortization 430 390 Earnings before interest and taxes $ 1,028 944 Less interest 180 100 Pre-tax income S 848 $ 844 Taxes (25%) 212 211 Net income available to common stockholders 636 633 Common dividends $ 202 $ 200 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2021 Assets Cash $ 650 $ 600 Short-term investments 220 200 Accounts receivable 2,750 2,500 Inventories 1,550 1,500 Total current assets $ 5,170 $ 4,800 Net plant and equipment 3,650 3,500 Total assets $ 8,820 $ 8,300 2022 Liabilities and Equity Accounts payable $ 1,300 $ 1,200 Accruals 650 600 Notes payable 188 100 Total current liabilities $ 2,138 $ 1,900 Long-term debt 1,300 1,200 Total liabilities $ 3,438 3,100 Common stock 4,048 4,300 Retained earnings 1,334 900 Total common equity $ 5,382 $ 5,200 Total liabilities and equity $8,820 $ 8,300 Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions