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Rhodes Corporation's financial statements are shown below. Rhodes Corporation: Income Statements for Year Ending December 3 1 ( Millions of Dollars ) table [

Rhodes Corporation's financial statements are shown below.
Rhodes Corporation: Income Statements for Year Ending December 31
(Millions of Dollars)
\table[[:,2022,,021],[Sales,$12,000,,1,000],[Operating costs excluding depreciation,10,622,,9,700],[Depreciation and amortization,350,,340],[Earnings before interest and taxes,$1,028,$,960],[Less interest,180,,100],[Pre-tax income,848,$,860],[Taxes (25%),212,,215],[Net income available to common stockholders,$,636,$,645],[Common dividends,$203,$,200]]
Rhodes Corporation: Balance Sheets as of December 31(Millions of Dollars)
\table[[Assets,2022,2021
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