Given the information in the table on KMS . did KMS's expansion plan call for it to grow slower or faster than its sustainable growth rate? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The actual growth rate for 2014 is % (Round to two decimal places.) Data table - X Click on the icon located on the top-right corner of the data table below to copy its contents into a spreadsheet 2013 2014 2015 2016 2017 2018 Income Statement (000) Sales $74.889 $88,369 Cost of Goods Sold 58,413 68,928 $103,247 80,533 $119,793 $138,167 $158,546 93,439 107.770 123.666 EBITDA $16,476 $19,441 $22,714 $26,354 $30,397 $34.880 Depreciation. 5,492 7,443 7,498 7,549 7.594 7,634 EBIT $10,904 $11.998 $15,216 $18,805 $22.003 $27,246 Interest Expense 306 306 1,666 1.666 1,666 1.666 Pre-tax Income $10,678 $11,692 $13,550 $17,139 $21,137 $25.500 Taxes: 3,737 4,092 4.743 5,999 7,398 8.953 Net Income $6.941 $7,600 $8,007 $11.140 $13,739 $16.627 Payout Ratio 30% Additions to shareholder equity $4.859 $5,320 $6,165 $7,798 $9.617 $11.639 ges Beginning shareholder equity 74,134 79,454 85.619 93,417 103,034 nswer