Chapter 2 Homework i Saved Help Save & Exit Submit Check my work 10 Use the following information for Ingersoll, Incorporated. Assume the tax rate is 21 percent. 10 2020 2021 points Sales $ 7,616 $ 8,174 Depreciation 1,094 1,094 Cost of goods sold 2,621 2,975 eBook Other expenses 621 519 Interest 510 587 Hint Cash 3,994 5,058 Accounts receivable 4,387 5,955 Print Short-term notes payable 772 725 References Long-term debt 13,083 15,601 Net fixed assets 33,490 35,144 Accounts payable 4,195 4,068 Inventory 9,400 9,660 Dividends 929 1,022 Prepare a balance sheet for this company for 2020 and 2021. (Do not round intermediate calculations.) INGERSOLL, INCORPORATED Balance Sheet as of December 31 2020 2021 AssetsChapter 2 Homework 0 Saved Help Save& Exit Submit 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.) 10 points INGERSOLL, INCORPORATED Income Statement 2020 2021 eBook .merest em Taxes Netincome Dividends Additions to RE