$20212020$

Cash $ $100,886$ $ $91,455$

Accounts receivable $104,70886,532$

Inventories $37,82634,752$

Total current assets $ $243,420$ $ $212,739$

Net fixed assets $67,32042,836$

Total assets $ $310,740$ $ $255,575$

Accounts payable $ $31,438$ $ $24,390$

Accruals $32,50324,330$

Notes payable $17,75315,503$

Total current liabilities $ $81,694$ $ $64,223$

Long$-$term debt $74,96462,214$

Total liabilities $ $156,658$ $ $126,437$

Common stock $94,50087,000$

Retained earnings $59,58242,138$

Total common equity $ $154,082$ $ $129,138$

Total liabilities and equity $ $310,740$ $ $255,575$

Sales for $2021$ were $$455,650,000,$ and EBITDA was $14\%$ of sales. Furthermore, depreciation and amortization were $17\%$ of net fixed assets, interest was $$9,074,000,$ the corporate tax rate was $25\%,$ and Laiho pays $46\mathrm{.}25\%$ 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$)$

$2021$

Sales $ fill in the blank $2$

Operating costs excluding depreciation and amortization fill in the blank $3$

EBITDA $ fill in the blank $4$

Depreciation and amortization fill in the blank $5$

EBIT $ fill in the blank $6$

Interest fill in the blank $7$

EBT $ fill in the blank $8$

Taxes $(25\%)$ fill in the blank $9$

Net income $ fill in the blank $10$

Common dividends $ fill in the blank $11$

Addition to retained earnings $ fill in the blank $12$