Use the following information for Ingersoll, Inc., (assume the tax rate is 30 percent):

	2016			2017
Sales	$	20,073		$	18,036
Depreciation		1,831			1,906
Cost of goods sold		4,829			4,877
Other expenses		1,031			909
Interest		880			1,011
Cash		6,322			6,976
Accounts receivable		8,210			9,937
Long-term debt		20,830			25,061
Net fixed assets		51,262			54,783
Accounts payable		5,996			6,471
Inventory		14,572			15,458
Dividends		1,800			1,788

a. Prepare a balance sheet for this company for 2016 and 2017. (Do not round intermediate calculations. Be sure to list the accounts in order of their liquidity.)

b. Prepare an income statement for this company for 2016 and 2017. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.)