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

		2014		2015
Sales	$	9,835	$	10,409
Depreciation		1,325		1,326
Cost of goods sold		2,896		3,260
Other expenses		839		734
Interest		725		803
Cash		4,309		5,403
Accounts receivable		5,639		6,327
Short-term notes payable		994		946
Long-term debt		15,560		18,050
Net fixed assets		36,455		37,857
Accounts payable		4,716		4,385
Inventory		9,870		10,138
Dividends		1,156		1,251

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)EBITDividendsSalesAdditions to REInterest	$			$
(Click to select)InterestCost of goods soldEBITAdditions to REDividends
(Click to select)Additions to REDividendsEBITInterestOther expenses
(Click to select)InterestDepreciationDividendsAdditions to REEBIT
(Click to select)Other expensesSalesCost of goods soldEBITAdditions to RE	$			$
(Click to select)InterestCost of goods soldAdditions to REOther expensesSales
(Click to select)Other expensesEBTCost of goods soldSalesInterest	$			$
(Click to select)TaxesCost of goods soldSalesOther expensesAdditions to RE
(Click to select)Net incomeNet loss	$			$
(Click to select)InterestDividendsDepreciationTaxesSales	$			$
(Click to select)DepreciationTaxesAdditions to RESalesInterest

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)Accounts payableOwners' equityCashLong-term debtNotes receivableNet fixed assetsNotes payable	$			$
(Click to select)Net fixed assetsAccounts payableAccounts receivableLong-term debtNotes receivableNotes payableOwners' equity
(Click to select)Notes payableLong-term debtInventoryNet fixed assetsOwners' equityAccounts payableNotes receivable
Current assets	$			$
(Click to select)Accounts payableAccounts receivableNotes payableNet fixed assetsCashLong-term debtInventory
Total assets	$			$
Liabilities
(Click to select)Accounts payableLong-term debtCashOwners' equityNet fixed assetsAccounts receivableNotes receivable	$			$
(Click to select)CashAccounts receivableNet fixed assetsNotes receivableNotes payableLong-term debtOwners' equity
Current liabilities	$			$
(Click to select)Net fixed assetsNotes receivableAccounts receivableLong-term debtAccounts payableNotes payableCash
(Click to select)Accounts receivableNotes payableAccounts payableNet fixed assetsOwners' equityCashNotes receivable
Total liabilities & owners' equity	$			$