The most recent financial statements for Scott, Inc., appear below. Sales for $2020$ are projected to grow by $30$ 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.

$\backslash$table$[[\backslash$table$[[$SCOTT$,$ INC.$],[2019$ Income Statement$]]],[$Sales$,,$$$761,000],[$Costs$,,596,000],[$Other expenses,,$32,000],[$Earnings before interest and taxes,,$$133,000],[$Interest expense,,$28,000],[$Taxable income,,$$105,000],[$Taxes $(23\%,,24,150],[$Net income,,$$80,850$