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Sales for 2021 were $431,150,000, and EBITDA was 16% of sales. Furthermore, depreciation and amortization were 17% of net fixed assets, interest was $7,673,000, the

Sales for 2021 were $431,150,000, and EBITDA was 16% of sales.

Furthermore, depreciation and amortization were 17% of net fixed assets, interest was $7,673,000, the corporate tax rate was 25%, and Laiho pays 48.25% 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)

2021 Sales $ fill in the blank 2 Operating costs excluding depreciation and amortization

fill in the blank 3 EBITDA $

fill in the blank 4

Depreciation and amortization fill in the blank 5

EBIT $ fill in the blank 6 Interest fill in the blank 7

EBT $ fill in the blank 8 Taxes (25%) fill in the blank 9

Net income $ fill in the blank 10

Common dividends $ fill in the blank 11 Addition to retained earnings $ fill in the blank 12

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