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Use the following information for Taco Swell, Incorporated, ( assume the tax rate is 2 2 percent ) : 2 0 2 3 2 0

Use the following information for Taco Swell, Incorporated, (assume the tax rate is 22 percent):
20232024
Sales $ 14,573 $ 14,736
Depreciation 1,7211,796
Cost of goods sold 4,2794,767
Other expenses 976854
Interest 825956
Cash 6,1576,646
Accounts receivable 8,1009,607
Short-term notes payable 1,2301,207
Long-term debt 20,50024,786
Net fixed assets 51,02054,453
Accounts payable 4,4804,824
Inventory 14,38515,348
Dividends 1,2501,678
Prepare a balance sheet for this company for 2023 and 2024.
Note: Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.
Prepare an income statement for this company for 2023 and 2024.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16. Input all answers as positive values.

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