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Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent): 2014 2015 Sales $ 9,635 $ 10,209 Depreciation 1,305 1,306 Cost

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Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent):

20142015
Sales$9,635 $10,209
Depreciation1,305 1,306
Cost of goods sold2,876 3,240
Other expenses819 714
Interest705 783
Cash4,289 5,383
Accounts receivable5,619 6,307
Short-term notes payable974 926
Long-term debt15,440 17,850
Net fixed assets36,255 37,437
Accounts payable4,676 4,365
Inventory9,850 10,118
Dividends1,136 1,231

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