The most recent financial statements for Crosby, Inc., follow. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales.Not sure if all of it is right and can't find the EFN.

The most recent financial statements for Crosby, Inc., follow. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. CROSBY, INC 2017 Income Statement Sales Costs Other expenses $980,760 792,960 20,060 Earnings before interest and taxes Interest paid 167,740 14,740 Taxable income Taxes (21%) $153,000 32,130 Net income $120,870 Dividends Addition to retained $39,250 81,620 earnings