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Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019 Sales $17,573 $16,536 Depreciation 1,781 1,856 Cost of Good

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

2018 2019
Sales $17,573 $16,536
Depreciation 1,781 1,856
Cost of Good Sold 4,579 4,827
Other Expenses 1,006 884
Interest 855 986
Cash 6,247 6,826
Account Receivable 8,160 9,787
Short-term notes payable 1,290 1,267
Long-term debt 20,680 24,936
Net Fixed assets 51,152 54,633
Accounts payable 4,576 5,004
Inventory 14,487 15,408
Dividends 1,550 1,738

Prepare a balance sheet for this company for 2018 and 2019. (Do not round intermediate calculations.)

2018 2019
Assets
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
Current Assets
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
Total Assets [Enter Answer] 86,654
Liabilities & Equity
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
Current Liabilities [Enter Answer] 6,271
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
[Enter Answer] [Enter Answer] [Enter Answer]
Total Liabilities & Owners Equity [Enter Answer] [Enter Answer]

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. )

2018 2019
Sales [Enter Answer] [Enter Answer]
COGS [Enter Answer] [Enter Answer]
Other Expenses [Enter Answer] [Enter Answer]
Depreciation [Enter Answer] [Enter Answer]
EBIT [Enter Answer] [Enter Answer]
Interest [Enter Answer] [Enter Answer]
EBIT [Enter Answer] [Enter Answer]
Taxes [Enter Answer] [Enter Answer]
Net Income [Enter Answer] [Enter Answer]
Dividends [Enter Answer] [Enter Answer]
Additions to RE [Enter Answer] [Enter Answer]

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