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Use the following information for Taco Swel, Inc., (assume the tax rate is 22 percent): 2017 2018 $ 14,573 $ 14,736 1,721 ,796 Sales Depreciation

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Use the following information for Taco Swel, Inc., (assume the tax rate is 22 percent): 2017 2018 $ 14,573 $ 14,736 1,721 ,796 Sales Depreciation Cost of goods sold 4,279 4,767 Other expenses Interest Cash Accounts receivable 8,100 9,607 Short-term notes 854 956 6,157 6,646 976 825 1,230 1,207 payable Long-term debt Net fixed assets Accounts payable Inventory Dividends 20,500 24,786 51,020 54,453 4,480 4,824 14,385 15,348 ,250 1,678 Prepare a balance sheet for this company for 2017 and 2018. (Do not round intermediate calculations.) TACO SWELL, INC. Balance Sheet as of Dec. 31 2017 2018 Assets Current assets Total assets 86,054 Liabilities & Equity Current liabilities 6,031 Total liabilities & owners' equity Prepare an income statement for this company for 2017 and 2018. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g,32.16. Input all answers as positive values.) TACO SWELL,INC. Income Statement 2017 2018 Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Additions to RE

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