Use the following information for Ingersoll, Inc., (assume the tax rate is 30 percent):

	2016			2017
Sales	$	20,073		$	18,036
Depreciation		1,831			1,906
Cost of goods sold		4,829			4,877
Other expenses		1,031			909
Interest		880			1,011
Cash		6,322			6,976
Accounts receivable		8,210			9,937
Long-term debt		20,830			25,061
Net fixed assets		51,262			54,783
Accounts payable		5,996			6,471
Inventory		14,572			15,458
Dividends		1,800			1,788

Prepare a balance sheet for this company for 2016 and 2017. (Do not round intermediate calculations. Be sure to list the accounts in order of their liquidity.)

INGERSOLL, INC. Balance Sheet as of Dec. 31
		2016			2017
Assets
(Click to select) Inventory Notes payable Cash Accounts receivable Accounts payable	$			$
(Click to select) Owners' equity Accounts receivable Accounts payable Notes payable Long-term debt
(Click to select) Notes receivable Accounts payable Inventory Accounts receivable Net fixed assets
Current assets	$			$
(Click to select) Accounts receivable Notes receivable Net fixed assets Long-term debt Accounts payable
Total assets	$			$
Liabilities
(Click to select) Long-term debt Cost of goods sold Accounts receivable Accounts payable Net fixed assets	$			$
Current liabilities	$			$
(Click to select) Accounts receivable Cash Cost of goods sold Owners' equity Long-term debt
(Click to select) Notes receivable Cash Accounts receivable Cost of goods sold Owners' equity
Total liabilities & owners' equity	$			$

Prepare an income statement for this company for 2016 and 2017. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.)

INGERSOLL, INC. Income Statement
		2016			2017
Sales	$			$
COGS
Other expenses
Depreciation
EBIT	$			$
Interest
EBT	$			$
Taxes (30%)
Net income	$			$
Dividends	$			$
Additions to RE