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Use the following information for Ingersoll, Incorporated. Assume the tax rate is 22 percent. Sales Depreciation Cost of goods sold Other expenses Interest Cash
Use the following information for Ingersoll, Incorporated. Assume the tax rate is 22 percent. Sales Depreciation Cost of goods sold Other expenses Interest Cash 2020 2021 $ 14,573 $14,736 1,721 1,796 4,279 4,767 976 854 825 956 6,157 6,646 Accounts receivable 8,100 9,607 Short-term notes payable 1,230 1,207 ces Long-term debt 20,500 24,786 Net fixed assets 51,020 54,453 Accounts payable 4,480 4,824 Inventory 14,385 15348 Dividends 1,250 1,678 Prepare a balance sheet for this company for 2020 and 2021. (Do not round intermediate calculations.) INGERSOLL, INCORPORATED
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