Complete the balance sheet and sales information using the following financial data: Total assets turnover: 1.4x Days sales outstanding: 30 days^a Inventory turnover ratio: 5x Fixed assets turnover: 2.5x Current ratio: 2.3x Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 25% ^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	60,000
Inventories			Common stock
Fixed assets			Retained earnings	100,000
Total assets	$400,000		Total liabilities and equity	$
Sales	$		Cost of goods sold	$