Complete the following balance sheet using the information given. Round account balances to the nearest dollar.

Balance Sheet			Income Statement
Cash			Sales (All Credit)	$40,000
Accounts receivable			Cost of goods sold	20,000
Inventory			Operating expenses	12,000
Net fixed assets			Interest expense	200
Total assets			Taxes	2 730
			Net income	$5,070
Accounts payable
Short-term notes payable	$1,425		Ratios:
Long-term debt			Profit Margin =	12.675%
Common stock	$5,000		Return on Equity =	15%
Retained earnings			Quick Ratio =	1.2
Total Liabilities and equity			Return on Total Assets =	10%
			Fixed Asset Turnover =	1.6
			Current Ratio =	2
			Days Sales Outstanding =	45