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Use the following information for Taco Swell, Incorporated, ( assume the tax rate is 2 2 Prepare a balance sheet for this company for 2

Use the following information for Taco Swell, Incorporated, (assume the tax rate is 22 Prepare a balance sheet for this company for 2020 and 2021.(Be sure to list thePrepare a balance sheet for this company for 2020 and 2021.(Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.)
Prepare an income statement for this company for 2020 and 2021.(Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16. Input all answers as positive values.)
\table[[TACO SWELL, INCORPORATED],[Income Statement],[,2020],[Sales,,],[COGS,,],[Other expenses,,],[Depreciation,,],[EBIT,,],[Interest,,],[EBT,,],[Taxes,,],[Net income,,],[Dividends,,],[Additions to RE,,]]
accounts in order of their liquidity. Do not round intermediate calculations.)percent):
20202021
Sales $ 18,573 $ 17,136
Depreciation 1,8011,876
Cost of goods sold 4,6794,847
Other expenses 1,016894
Interest 865996
Cash 6,2776,886
Accounts receivable 8,1809,847
Short-term notes payable 1,3101,287
Long-term debt 20,74024,986
Net fixed assets 51,19654,693
Accounts payable 4,6085,064
Inventory 14,52115,428
Dividends 1,6501,758
Prepare a balance sheet for this company for 2020 and 2021.(Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.)
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