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Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent) 2014 2015 Sales Depreciation Cost of goods sold Other expenses Interest

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Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent) 2014 2015 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends $8,335 $ 8,909 1,176 3,110 584 653 5,253 6,177 796 16,550 34,95535,877 4,235 9,988 1,101 1,175 2,746 689 575 4,159 5,489 844 14,010 4,416 9,720 1,006

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