The most recent financial statements for Retro Machine, Inc., follow. Sales for 2021 are projected to grow by 25 percent. 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. RETRO MACHINE, INC. 2020 Income Statement Sales Costs Other expenses $760,000 595,000 31,000 Earnings before interest $ 134,000 27,000 and taxes Interest paid Taxable income Taxes (22%) Net income Dividends Addition to retained earnings $25,038 58,422 $ 107,000 23,540 $ 83,460