Question 20 (4 points) Balance Sheet Current assets Cash 910,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,710,000 TOTAL ASSETS 7,000,000 Current liabilities Ace payable not given Long-term debt 3,500,000 Common stock 360,000 Retained earnings 2.499, TOTAL LIAS and EQUITY 1.000.000 Income statement Sales 14,000,000 Operating expense 11.200,000 EBIT 200,000 Internet Expense ka 60 EST 21. Taxes 24 h Neancome hat he tems debtor