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: 1.5 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 25% Total liabilities-to-assets ratio: 40% Quick ratio: 0.80 Days' sales outstanding (based on 365-day year): 36.5 days Inventory turnover ratio: 3.25 Do not round Intermediate calculations. Round your answers to the nearest whole dollar Partial Income Statement Information Sales $ Cost of goods sold Balance Sheet Assets Cash $ Liabilities and Equity Accounts payable Long-term debt Common stock Accounts receivable 50,000 Inventories 100,000 Fixed assets Retained earnings Total liabilities and equity Total assets $ 400,000 $