Complete the balance sheet and sales information in the table that follows for Hoffmeister Industries using the following financial data: Debt ratio: 40% Quick ratio: 0.85 Total assets turnover: 1.2 Days sales outstanding: 34 days* Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 30% Inventory turnover ratio: 5.0 * Calculation is based on a 365-day year. Round your answers to the nearest whole dollar. Balance Sheet Cash $ Accounts payable $ Accounts receivable $ Long-term debt $ 60,000 Inventories $ Common stock $ Fixed assets $ Retained earnings $ 97,500 Total assets $ 300,000 Total liabilities and equity $ Sales $ C ost of goods sold $