The most recent financial statements for Crosby, Incorporated, appear below. Sales for 2022 are projected to grow by 20 percent. Interest expense will remain constant; the tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. CROSBY, INCORPORATED 2021 Income Statement Sales $ 756,000 Costs 591,000 Other expenses 27,000 Earnings before interest and taxes $ 138,000 Interest expense 23,000 Taxable income $ 115,000 Taxes (23%) 26,450 Net income $ 88,550 Dividends $ 26,565 Addition to retained earnings 61,985 CROSBY, INCORPORATED Balance Sheet as of December 31, 2021 Assets Liabilities and