Q6: Complete 2019 balance sheet for Star industries using the information that follows it. You are required to show all supporting calculations as part of question. Star Industries Balance Sheet As on December 31, 2019 Assets Liabilities and Stockholder's Equity Cash $30,000 Accounts payable $120,000 ? 20000 ? ? 600,000 ? Marketable Securities 25000 Notes payable Account receivable ? Accruals Inventories ? Total Current liabilities Total Current Assets ? Long term debt Net fixed assets ? Stockholder's equity Total Assets ? Total liabilities & SE The following financial data for 2013 are also available; 1. Sales totalled $ 1800'000 2. The gross profit margin was 25% 3. Inventory turnover was 6.0 4. There are 360 days in the year 5. The average collection period was 40 days 6. The current ratio was 1.60 7. The total asset turnover ratio was 1.20 I 8. The debt ratio was 60% (9)