Complete the balance sheet and sales information in the table that follows for J. White Industries using the following financial data: Total assets turnover: 1.2 Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% Total liabilities-to-assets ratio: 50% Quick ratio: 0.70 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 47999 Cost of goods sold 360000 Balance Sheet Assets Liabilities and Equity Cash $ Accounts payable $ 47999 110000 50,000 Accounts receivable Long-term debt 48000 Inventories Common stock 110769 Fixed assets Retained earnings 100,000 Total assets $ 400,000 Total liabilities and equity $