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Cash $30,000 Accounts receivable 63,800 Accounts payable 52,500 Short-term notes payable 11,000 Inventories 66,000 Gross fixed assets 1,061,000 Accumulated depreciation 86,000 Long-term debt 210,000 Common

Cash

$30,000

Accounts receivable

63,800

Accounts payable

52,500

Short-term notes payable

11,000

Inventories

66,000

Gross fixed assets

1,061,000

Accumulated depreciation

86,000

Long-term debt

210,000

Common stock

480,000

Other assets

25,000

Retained earnings

?

Complete the part of the common-sized balance sheet below.(Round to one decimal place.

NOTE:

Input the Accumulated depreciation account as a negative value.)

Common-sized Balance Sheet

ASSETS

Cash

$

30,000

%

Accounts receivable

63,800

Inventories

66,000

Total current assets

$

159,800

%

Gross fixed assets

$

1,061,000

%

Accumulated depreciation

(86,000)

Net fixed assets

$

975,000

%

Other assets

25,000

Total assets

$

1,159,800

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