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please give explainations when possible Prepare a balance sheet for this company for 2020 and 2021. (Do not round intermediate calculations.) Prepare an income statement

please give explainations when possible
Prepare a balance sheet for this company for 2020 and 2021. (Do not round intermediate calculations.) Prepare an income statement for this company for 2020 and 2021. (Enter all answers as positive values. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Use the following information for Ingersoll, Incorporated. Assume the tax rate is 23 percent. Prepare a balance sheet for this company for 2020 and 2021. (Do not roun intermediate calculations.)

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