The financial statements of ABC Ltd. for the financial year ended 30 June 2016, are given below. The company's revenues are projected to grow at a rate of 25 per cent in the 2016-17financial year, and all financial statement accounts will directly vary with sales.

Balance sheet Assets Liabilities and shareholders' equity Cash $ 3349239 Accounts payable $ 9041 679 Accounts receivable 5 830 754 Notes payables 4 857 496 Inventories 22 267 674 Total current assets $ 31 447 667 Total current liabilities $13 899 175 Net fixed assets 43 362 482 Long-term debt 29 731 406 Other assets 1 748 906 Ordinary shares 19 987 500 Retained earnings 12 940 974 Total assets $ 76 559 055 Total liabilities and equity $76 559 055 Income statement Revenues $193 212 500 Costs 145 265 625 EBITDA $ 47 946 875 Depreciation 23 318 750 EBIT $ 24 628 125 Interest 11 935 869 EBT $ 12 692 256 Tax (30%) 3 807 677 Profit $ 8 884 579