Use the following information for Ingersoll, Incorporated. Assume the tax rate is 24 percent. 2020 2021...

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Use the following information for Ingersoll, Incorporated. Assume the tax rate is 24 percent. 2020 2021 Sales $19,573 $17,736 Depreciation 1,821 1,896 Cost of goods sold 4,779 4,867 Other expenses 1,026 904 Interest 875 1,006 Cash 6,307 6,946 Accounts receivable 8,200 9,907 Short-term notes payable 1,330 1,307 Long-term debt 20,800 25,036 Net fixed assets 51,240 54,753 Accounts payable 4,640 5,124 Inventory 14,555 15,448 Dividends 1,750 1,778 Prepare a balance sheet for this company for 2020 and 2021. (Do not round intermediate calculations.) Current assets Total assets Assets INGERSOLL, INCORPORATED Balance Sheet as of December 31 2020 2021 87,054 Liabilities & Equity Current liabilities Total liabilities & owners' equity 6,431 Prepare an income statement for this company for 2020 and 2021. (Enter all answers as positive values. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) INGERSOLL, INCORPORATED Income Statement Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Additions to RE 2020 2021 Use the following information for Ingersoll, Incorporated. Assume the tax rate is 24 percent. 2020 2021 Sales $19,573 $17,736 Depreciation 1,821 1,896 Cost of goods sold 4,779 4,867 Other expenses 1,026 904 Interest 875 1,006 Cash 6,307 6,946 Accounts receivable 8,200 9,907 Short-term notes payable 1,330 1,307 Long-term debt 20,800 25,036 Net fixed assets 51,240 54,753 Accounts payable 4,640 5,124 Inventory 14,555 15,448 Dividends 1,750 1,778 Prepare a balance sheet for this company for 2020 and 2021. (Do not round intermediate calculations.) Current assets Total assets Assets INGERSOLL, INCORPORATED Balance Sheet as of December 31 2020 2021 87,054 Liabilities & Equity Current liabilities Total liabilities & owners' equity 6,431 Prepare an income statement for this company for 2020 and 2021. (Enter all answers as positive values. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) INGERSOLL, INCORPORATED Income Statement Sales COGS Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Additions to RE 2020 2021