Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent):

	2014			2015
Sales	$	12,573		$	13,536
Depreciation		1,681			1,756
Cost of goods sold		4,079			4,727
Other expenses		956			834
Interest		805			936
Cash		6,097			6,526
Accounts receivable		8,060			9,487
Short-term notes payable		1,190			1,167
Long-term debt		20,380			24,686
Net fixed assets		50,932			54,333
Accounts payable		4,416			4,704
Inventory		14,317			15,308
Dividends		1,050			1,638

Prepare a balance sheet of this company for 2014 and 2015. (Do not round intermediate calculations. Be sure to list the accounts in order of their liquidity.)

TACO SWELL, INC. Balance Sheet as of Dec. 31
	2014		2015
Assets
(Click to select)Accounts payableAccounts receivableInventoryCashNotes payable	$		$
(Click to select)Accounts receivableAccounts payableNotes payableOwners' equityLong-term debt
(Click to select)Accounts payableNotes receivableAccounts receivableNet fixed assetsInventory
Current assets	$		$
(Click to select)Accounts receivableNotes receivableLong-term debtNet fixed assetsAccounts payable
Total assets	$		$
Liabilities
(Click to select)Cost of goods soldNet fixed aseetsLong-term debtAccounts receivableAccounts payable	$		$
(Click to select)Notes receivableCashNotes payableAccounts payableAccounts receivable
Current liabilities	$		$
(Click to select)Owners' equityAccounts receivableCost of goods soldCashLong-term debt
(Click to select)Notes receivableCost of goods soldOwners' equityCashAccounts receivable
Total liabilities & owners' equity	$		$

Prepare an income statement for this company for 2014 and 2015. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16. Input all amounts as positive values.)

TACO SWELL, INC. Income Statement
	2014		2015
Sales	$		$
COGS
Other expenses
Depreciation
EBIT	$		$
Interest
EBT	$		$
Taxes (30%)
Net income	$		$
Dividends	$		$
Additions to RE