Complete the balance sheet for General Aviation, Inc. based on the following financial data. Balance Sheet General Aviation, Inc. December 31, 2019 Cash $8,000 Marketable securities $18,000 Account Receivables Inventories Total current assets Gross fixed assets Less: Accumulated Depreciation $50,000 Net Fixed Assets Total Assets Accounts payable $20,000 Notes payable Accruals $16,800 Total current liabilities Long-term debts Total liabilities Preferred stock Common stock @ par $3,000 Paid-in capital in excess of par $15,000 Retained earnings $90,000 Total stockholders equity Total liabilities and equity Key Financial Data (2019) 1. Sales totaled $760,000. 2. The gross profit margin was 38.7 percent. 3. Inventory turned 6 times. 4. There are 360 days in a year. 5. The average collection period was 31 days. 6. The current ratio was 2.35. 7. The total asset turnover was 2.81. 8. The debt ratio was 49.4 percent.