Use the following information for Ingersoll, Inc., (assume the tax rate is 24 percent): 2019 2020 Sales $20,573 $18,336 Depreciation 1,841 1,916 Cost of goods sold 4,879 4,887 Other expenses 1,036 914 Interest 885 1,016 Cash 6,337 7,006 Accounts receivable 8,220 9,967 Long-term debt 20,860 25,086 Net fixed assets 51,284 54,813 Accounts payable 6,022 6,511 Inventory 14,589 15,468 Dividends 1,850 1,798 Prepare a balance sheet for this company for 2019 and 2020. (Do not round intermediate calculations. Be sure to list the accounts in order of their liquidity.) intermediate calculations. Be sure to list the accounts in order of their liquidity.) INGERSOLL, INC. Balance Sheet as of Dec. 31 Current assets Assets Total assets Liabilities Total liabilities & owners' equity 2019 2020 Prepare an income statement for this company for 2019 and 2020. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes (24%) Net income Dividends Additions to RE INGERSOLL, INC. Income Statement 2019 2020