Complete (build up) the financial statements below using the given information as follow: (show me the steps of your solving, writing the answers only are not acceptable). 35000 Assets Cash inventory account receivables total current assets fixed assets and equipment Liabilities accounts payables short term loans total current liabilities 50250 long term liabilities total liabilities common shares equity and retained earnings total liabilities + owners' equity total assets other information : 1- average age of inventory = 2- account receivables turn over = 3- net purchases 4- net sales 5- fixed assets turn over = 6- debt ratio = 7- quick ratio = 8- gross profit = 9- average payment period = 45 days 4 times 350000 $ 800000 $ 4 times 60% 2.5 times 450000 $ 45 days