2020 2021 Sales $4,203 $4,507 Cost of goods sold 2,422 2,633 Depreciation 785 952 Interest 180 196 Dividends 275 352 Current assets 2,205 2,429 Net fixed assets 7,344 7,650 Current liabilities 1,003 1,255 Long-term debt 3,106 2,085 Requirements 1. Prepare balance sheets for 2020 and 2021 in accordance with the format explained in class. 2. Prepare an income statement for 2021 in accordance with the format explained in class. Consider a 21% tax rate. Instructions 1. This assignment may be prepared and submitted individually or in a group. No more than five (5) students per group. 2. APA style is mandatory: https://apastyle.apa.org 3. PDF format. 4. Order of pages: title page, text (requirements and answers), references. 5. Please follow the same order requested. Answers must include each related heading 6. Total pages: no more than five (5). 7. Only one submission per group 8. Deadline: Sunday 10/02/2022, before 11:59 pm, through Canvas. No exception.