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5. Complete the balance sheet in the table that follows for the Wilson Tent Company for the year ending December 31 , 2016 using the

image text in transcribed 5. Complete the balance sheet in the table that follows for the Wilson Tent Company for the year ending December 31 , 2016 using the following information (if necessary, round figures to the nearest dollar): NOTE: 80 percent of Wilson Tent Company's sales are on credit. The rest are cash sales. Assume a 360-day year for all ratios. On its December 31, 2015 balance sheet, Wilson Tent Company reported Retained earnings of \$1,250,000. Fill-in the following balance sheet for Wilson Tent Company

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