Question: Use the information below to answer questions 2, 3, 4 and 5. 2020 2021 Sales $4,300 $4,500 Depreciation 750 950 COGS 2422 2633 Interest 180

Use the information below to answer questions 2,
Use the information below to answer questions 2, 3, 4 and 5. 2020 2021 Sales $4,300 $4,500 Depreciation 750 950 COGS 2422 2633 Interest 180 196 Cash 200 400 Accts Receivables 200 300 Notes Payable 100 150 Long-term debt 2956 1835 Net fixed assets 8000 9500 Accounts Payable 50 100 Inventory 1800 1700 Dividends 225 250 Tax rate 35% 35% 2. Create the Balance Sheet for 2021. Remember that TA-TL=TE

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