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Use the following information for Taco Swell, Inc., (assume the tax rate is 23 percent):   ...

Use the following information for Taco Swell, Inc., (assume the tax rate is 23 percent):

  

2017 2018
  Sales $ 17,073 $ 16,236
  Depreciation 1,771 1,846
  Cost of goods sold 4,529 4,817
  Other expenses 1,001 879
  Interest 850 981
  Cash 6,232 6,796
  Accounts receivable 8,150 9,757
  Short-term notes payable 1,280 1,257
  Long-term debt 20,650 24,911
  Net fixed assets 51,130 54,603
  Accounts payable 4,560 4,974
  Inventory 14,470 15,398
  Dividends 1,500 1,728

  

Prepare a balance sheet for this company for 2017 and 2018. (Do not round intermediate calculations.)

  

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jeff jeffy answered 2 years ago
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