Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x Days sales outstanding: 34.5 daysa Inventory turnover ratio: 6x Fixed assets turnover: 3.5x Current ratio: 1.6x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 15% aCalculation is based on a 365-day year. Do not round intermediate calculations. Round your answer to the nearest cent.

Balance Sheet

Cash $

Current liabilities $

Accounts receivable Long-term debt 81,250 Inventories Common stock Fixed assets Retained earnings 113,750 Total assets $325,000 Total liabilities and equity $ Sales $ Cost of goods sold $