Complete the following balance sheet using the information given. Round account balances to the nearest dollar. Income Balance Sheet Statement Cash Accounts Sales (All Credit) $20,000 Cost of goods 10,000 Isold receivable Operating Inventory 6,000 expenses Net fixed assets Interest expense 100 Total assets Taxes 1,365 Net income $2,535 Accounts payable Short-term notes $1,425 Ratios: payable Long-term debt Profit Margin = 12.675% Return on Equity Common stock $5,000 15% Retained Quick Ratio = 1.21 earnings Total Liabilities Return on Total 10 and equity Assets = Total Liabilities Return on Total 10% land equity Assets = Fixed Asset 1.6 Turnover = Current Ratio = 2. average collection period 451