2) Complete the balance sheet for XYZ corporation, Inc. based on the following data, ( 13 points) a) Sales totaled $600,000. b) The gross profit margin was 40% c) Average age of inventory 60 days d) The average collection period was 30 days. e) The current ratio was 2 . f) The total asset turnover was 2.5 Balance Sheet XYZ Corporation December 31,2015 Cash Marketuble securities $10,000$15,000 Account receivables Inventory Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total Assets Accounts payable Notes payable $18,600 Aceruals Total Current liabilities Long-term debts Total Liabilities Preferred stock Common Stock (\$1 par 30,000 shares outstanding) Paid-in capital in excess of par $90,000 Retained Earnings Total Stockholders' equity. Total liabilities and stockholders' equity