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Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019 Sales Depreciation $ 15,573 $ 15,336 1,741 1,816
Use the following information for Ingersoll, Inc. Assume the tax rate is 24 percent. 2018 2019 Sales Depreciation $ 15,573 $ 15,336 1,741 1,816 Cost of goods sold 4,379 4,787 Other expenses 986 864 Interest 835 966 Cash 6,187 6,706 Accounts receivable 8,120 9,667 Short-term notes 1,250 1,227 payable Long-term debt 20,560 24,836 Net fixed assets 51,064 54,513 Accounts payable 4,512 4,884 Inventory 14,419 15,368 Dividends 1,350 1,698 Prepare a balance sheet for this company for 2018 and 2019. (Do not round Intermediate calculations.)
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