1) Complete the 2020 balance sheet for Cole Eagan Industries using the information that follows it. (30 pts) Cole Eagan Industries Balance Sheet December 31, 2020 Cash Assets Marketable securities Accounts receivable Inventory Total current asset Net fixed assets Total assets Liabilities and Stockholders' Equity 120,000 30,000 Accounts payable 25,000 Notes payable Accruals Total current liabilities. Long-term debt Stockholders' equity 20,000 292,000 Total liabilities and stockholders' equity $. a) Sales totaled $1,460,000 b) There are 365 days in the year c) The average collection period was 40 days d) The gross profit margin was 25% e) The inventory turnover was 5.0 f) The total asset turnover was 2.0 g) The current ratio was 2.0