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Draw up an income statement and balance sheet for this company for 2011 and 2012....

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Question

Accounting

Draw up an income statement and balance sheet for this company for 2011 and 2012.

2011

2012

Sales

$ 7,835

$ 8,409

Depreciation

1,125

1,126

Cost of goods sold

2,696

3,060

Other expenses

639

534

Interest

525

603

Cash

4,109

5,203

Accounts receivable

5,439

6,127

Short-term notes payable

794

746

Long-term debt

13,460

16,050

Net fixed assets

34,455

35,277

Accounts payable

4,316

4,185

Inventory

9,670

9,938

Dividends

956

1,051

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