The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings before interest and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes (25%) Net income Other data: Shares outstanding (millions) Common dividends (millions of $) 2021 $ 6,300 17,500 18,200 $42,000 28,000 $70,000 $23,498 14,402 7,000 $44,900 9,000 $53,900 3,703 12,397 $16,100 $70,000 2021 $84,000 78,120 2,240 $ 3,640 960 $ 2,680 670 $ 2,010 500.00 $703.50 Int. rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price What is the firm's BEP? Do not round your intermediate calculations. 6% 25% $48.24