The most recent financial statements for Scott, Inc., appear below. Sales for 2020 are projected to grow by 25 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. SCOTT, INC. 2019 Income Statement Sales $748,000 Costs 583,000 Other expenses 19,000 Earnings before interest and taxes $146,000 Interest expense 15,000 Taxable income