The Davidson Corporation's balance sheet and income statement are provided here.

Davidson Corporation: Balance Sheet as of December $31,2021$

$($millions of dollars$)$

$\backslash$table$[[$Assets$,,,$Liabilities and Equity,,$],[$Cash and equivalents,$$,10,$Accounts payable,$$,140],[$Accounts receivable,,$595,$Accruals,,$210],[$Inventories$,,840,$Notes payable,,$210],[$Total current assets,$$,1,445,$Total current liabilities,$$,560],[$Net plant and equipment,,$2,395,$Long$-$term bonds,,$1,500],[,,,$Total liabilities,$$,2,060],[,,,$Common stock $(100$ million shares$),,280],[,,,$Retained earnings,$$,1,500],[,,,$Common equity,$$,1,780],[$Total assets,$$,3,840,$Total liabilities and equity,$$,3,840]]$

Davidson Corporation: Income Statement for Year Ending December $31,2021($millions of dollars$)$

Sales

Operating costs excluding depreciation and amortization EBITDA

Depreciation and amortization EBIT

Interest

EBT

Taxes $(25\%)$