Use the following information for Ingersoll, Inc., (assume the tax rate is 34 percent):

		2014		2015
Sales	$	8,835	$	9,409
Depreciation		1,225		1,226
Cost of goods sold		2,796		3,160
Other expenses		739		634
Interest		625		703
Cash		4,209		5,303
Accounts receivable		5,539		6,227
Short-term notes payable		894		846
Long-term debt		14,560		17,050
Net fixed assets		35,455		36,477
Accounts payable		4,516		4,285
Inventory		9,770		10,038
Dividends		1,056		1,151

Prepare an income statement for this company for 2014 and 2015. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.)

Ingersoll, Inc., Income Statement
		2014			2015
(Click to select)Additions to REEBITDividendsInterestSales	$			$
(Click to select)Additions to RECost of goods soldEBITInterestDividends
(Click to select)DividendsAdditions to REEBITOther expensesInterest
(Click to select)Additions to REDividendsInterestDepreciationEBIT
(Click to select)SalesCost of goods soldOther expensesEBITAdditions to RE	$			$
(Click to select)Additions to RECost of goods soldOther expensesSalesInterest
(Click to select)Cost of goods soldEBTInterestOther expensesSales	$			$
(Click to select)TaxesAdditions to RESalesCost of goods soldOther expenses
(Click to select)Net incomeNet loss	$			$
(Click to select)TaxesSalesDividendsDepreciationInterest	$			$
(Click to select)DepreciationInterestSalesTaxesAdditions to RE

Prepare thebalance sheet for this company for 2014 and 2015. (Do not round intermediate calculations. Be sure to list the accounts in order of their liquidity.)

Ingersoll, Inc. Balance Sheet as of Dec. 31
		2014			2015
Assets
(Click to select)Notes receivableLong-term debtNotes payableCashNet fixed assetsAccounts payableOwners' equity	$			$
(Click to select)Net fixed assetsOwners' equityNotes receivableAccounts payableAccounts receivableLong-term debtNotes payable
(Click to select)Notes receivableLong-term debtNotes payableNet fixed assetsAccounts payableInventoryOwners' equity
Current assets	$			$
(Click to select)Notes payableCashInventoryNet fixed assetsAccounts payableAccounts receivableLong-term debt
Total assets	$			$
Liabilities
(Click to select)Owners' equityAccounts receivableNet fixed assetsLong-term debtAccounts payableNotes receivableCash	$			$
(Click to select)Long-term debtCashAccounts receivableOwners' equityNotes payableNotes receivableNet fixed assets
Current liabilities	$			$
(Click to select)Net fixed assetsAccounts payableAccounts receivableCashLong-term debtNotes payableNotes receivable
(Click to select)Accounts receivableNotes payableOwners' equityNet fixed assetsCashAccounts payableNotes receivable
Total liabilities & owners' equity	$			$