Prepare an income statement and a balance sheet from the following scrambled list of items. What is the firm's net working capital and debt ratio?

Sales ..................................................... $550,000

Accumulated depreciation ............................. 190,000

Cash ............................................................... ?

Cost of goods sold ...................................... 320,000

Accounts receivable ...................................... 73,000

Depreciation expense ..................................... 38,000

Accounts payable ......................................... 65,000

Interest expense ........................................... 26,000

Short-term notes payable ................................. 29,000

Income taxes ............................................... 59,850

Inventories ................................................. 47,000

Marketing, general, and administrative expenses ... 45,000

Gross fixed assets ...................................... 648,000

Long-term debt ......................................... 360,000

Common stock ......................................... 120,000

Other assets .............................................. 15,000

Retained earnings ...................................... 138,500

In addition, the firm has 10,000 shares outstanding and paid $15,000 in common stock dividends during the year?