Use the following information for Ingersoll, Inc., (assume the tax rate is 35 percent):

		2014		2015
Sales	$	7,935	$	8,509
Depreciation		1,135		1,136
Cost of goods sold		2,706		3,070
Other expenses		649		544
Interest		535		613
Cash		4,119		5,213
Accounts receivable		5,449		6,137
Short-term notes payable		804		756
Long-term debt		13,570		16,150
Net fixed assets		34,555		35,397
Accounts payable		4,336		4,195
Inventory		9,680		9,948
Dividends		966		1,061

Prepare an income statement for this company for 2014 and 2015.