Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1x Days sales outstanding: 37.5 days Inventory turnover ratio: 7x Fixed assets turnover: 3.5x Current ratio: 1.6x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales - 25% Calculation is based on a 365-day year. Do not round intermediate calculations. Round your answers to the nearest cent Balance Sheet Cash Current liabilities $ Accounts receivable 41,250 Inventories Long-term debt Common stock Retained earings Total liabilities and equity 68,750 Fixed assets Total assets 1. llll $275,000 $ Sales Cost of goods sold