Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): 2017 2018 Sales $ 12,073 $ 13,236 Depreciation 1,671 1,746 Cost of goods sold 4,029 4,717 Other expenses 951 829 Interest 800 931 Cash 6,082 6,496 Accounts receivable 8,050 9,457 Short-term notes 1,180 1,157 payable Long-term debt 20,350 24,661 Net fixed assets 50,910 54,303 Accounts payable 4,400 4,674 Inventory 14,300 15,298 Dividends 1,000 1,628 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 Cash $ $ 6,082 8,050 Accounts receivable 6,496 9,457 15,298 Inventory 14,300 Met fincad annat Food CA 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 Cash $ 6,082 $ 8,050 14,300 6,496 9,457 15,298 Accounts receivable Inventory Net fixed assets Current assets 50,910 28,432 $ 54,303 31,251 $ $ 79,342 $ 85,554 Total assets Liabilities & Equity Long-term debt $ 20,350 $ 24,661 Current liabilities $ 5,580 $ 1,180 Notes payable Accounts payable Owners' equity Total liabilities & owners' equity 4,400 53,412 79,342 $ 5,831 1,157 4,674 55,062 85,554 $ 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 Taxes Net income Dividends Additions to RE