Balance Sheet Analysis Complete the balance sheet and sales information in the table that follows for J. White Industries using the following financial data Total assets turnover: 2.3 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 20% Total liabilities-to-assets ratio: 45% Quick ratio: 1.25 Days' sales outstanding (based on 365-day year): 36.5 days Inventory turnover ratio: 3.50 Do not round intermediate calculations. Round your answers to the nearest whole dollar. Partial Income Statement Information Sales $ Cost of goods sold $ Balance Sheet Cash $ Accounts payable $ Accounts receivable $ Long-term debt $ 50,000 Inventories $ Common stock $ Fixed assets $ Retained earnings $ 100,000 Total assets $ 400,000 Total liabilities and equity $