Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent

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Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 2018 2019 $ 13,573 $ 14,136 1,701 1,776 4,179 4,747 966 844 815 946 6,127 6,586 8,080 9,547 1,210 1,187 20,440 24,736 50,976 54,393 4,448 4,764 14,351 15,328 1,150 1,658 Prepare an income statement for this company for 2018 and 2019. (Enter all answers as positive values. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) TACO SWELL, INC. Income Statement 2018 $ 13,573.00 $ 4,179.00 966.00 1,701.00 2019 14,136.00 4,747.00 844.00 1,776.00 Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Additions to RE 815.00 946.00