Question: write answer in this format please Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): 2017 2018 Sales $

Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): 2017 2018 Sales $ 12,073 $ 13,236 Depreciation 1,671 1,746 Cost of goods sold 4,029 4,717 Other expenses 951 829 Interest 800 931 Cash 6,082 6,496 Accounts receivable 8,050 9,457 Short-term notes payable 1,180 1,157 Long-term debt 20,350 24,661 Net fixed assets 50,910 54,303 Accounts payable 4,400 4,674 Inventory 14,300 15,298 Dividends 1,000 1,628 Prepare a balance sheet for this company for 2017 and 2018. (Do not round intermediate calculations.) TACO SWELL, INC. Balance Sheet as of Dec. 31 2017 2018 Assets Prepare a balance sheet for this company for 2017 and 2018. (Do not round intermediate calculations.) TACO SWELL, INC. Balance Sheet as of Dec. 31 2017 2018 Assets Cash Accounts payable Inventory Current assets Total assets Liabilities & Equity 85,554 $ 5,831 Current liabilities Notes payable Accounts payable Owners' equity Total liabilities & owners' equity
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