The most recent financial statements for Nuesca Holidays Inc. follow. Sales for 2018 are projected to grow by 25%. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The firm is operating at full capacity and no new debt or equity is issued. Sales Costs Nuesca Holidays Inc. 2017 Statement of Comprehensive Income Other expenses $745,000 580,000 16,000 Earnings before interest and taxes i Interest paid Taxable incone Taxes (40%) $149,000 12,000 $137,000 54,800 Net income $ 82,200 Dividends $21,920 Addition to retained earnings 60,280