Pro forma balance sheet construction)Use the following industry average ratios to construct a pro forma balance sheet, for Carlos Menza, Inc.

Total asset turnover	2.3 times
Average collection period (assume a 365-day year)	8.6 days
Fixed asset turnover	5.1 times
Inventory turnover (based on cost of goods sold)	3.4times
Current ratio	2.4 times
Sales (all on credit)	$4.37
	million
Cost of goods sold	71%
	of sales
Debt ratio	49%

The company's cost of goods sold is $_ . (Round to the nearest dollar.)

The company's total assets are $_ . (Round to the nearest dollar.)

The company's fixed assets are $_ . (Round to the nearest dollar.)

The company's accounts receivable is $_ . (Round to the nearest dollar.)

The company's inventories are $_ . (Round to the nearest dollar.)

The company's current liabilities are $_ . (Round to the nearest dollar.)

The company's total liabilities are $_ . (Round to the nearest dollar.)

Cash		Current Liabilities
Inventory		Long Term Debt
Accounts Receivable		Total Liabilities
Net Fixed Assets		Common Equity
Total		Total