Use the following information for Ingersoll, Inc. Assume the tax rate is 21 percent. 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 2018 2019 $20,073 $18,036 1,831 1,906 4,829 4,877 1,031 909 880 1,011 6,322 6,976 8,210 9,937 1,340 1,317 20,830 25,061 51,262 54,783 4,656 5,154 14,572 15,458 1,800 1,788 Prepare a balance sheet for this company for 2018 and 2019. (Do not round intermediate calculations.) Answer is not complete. INGERSOLL, INC. Balance Sheet as of Dec. 31 2018 2019 $ Assets Accounts receivable Cash Inventory 8,210 6,322 14,572 9,937 6,976 15,458 Current assets Net fixed assets 51,262 54,783 80,366 $ 87,154 Total assets Liabilities & Equity Accounts payable Notes payable 4,656S 5,154 6,471 Current liabilities Long-term debt Owners' equity 20,830 25,061 Total liabilities & owners' equity $ 80,366 $ 87,154 Prepare an income statement for this company for 2018 and 2019. (Enter all answers as positive values. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) * Answer is complete but not entirely correct. Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Additions to RE TACO SWELL, INC. Income Statement 2018 $ 20,073.00 $ 4,829.00 1,031.00 1,831.00 $ $ 12,382.00 $ 880.00 11,502.00 $ 3,450.60 8,051.40 $ 1,800.00 $ 6,251.40 2019 18,036.00 4,877.00 909.00 1,906.00 10,344.00 1,011.00 9,333.00 2,799.90 X 6.533.10 X 1,788.00 4,745.10 X