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inancial Statements, Cash Flow, and Taxes

a$.$ Sales for $2021$ were $$442,650,000,$ and EBITDA was $16\%$ of sales. Furthermore, depreciation and amortization were $18\%$ of net fixed assets, interest was $$9,500,000,$ the corporate tax rate was $25\%,$ and Laiho pays $47\mathrm{.}25\%$ of its net income as dividends. Given this information, construct the firm's $2021$ income statement.

Laiho Industries: Income Statement for Year Ending December $31,2021($thousands of dollars$)$

Sales

$2021$

Operating costs excluding depreciation and amortization EBITDA

Depreciation and amortization

EBIT

Interest

EBT

Taxes $(25\%)$

Net income