Complete the balance sheet for General Aviation, Inc. based on the following financial data Balance Sheet General Aviation, Inc. December 31, 2019 Cash $5,000 $ 16,000 Marketable securities Account Receivables Inventories Total current assets Gross fixed assets $30,000 Less: Accumulated Depreciation Net Fixed Assets Total Assets $20,000 Accounts payable Notes payable Accruals $18,800 Total current liabilities Long-term debts Total current liabilities Long-term debts Total liabilities Preferred stock Common stock @ par $2,000 Paid-in capital in excess $20,000 of par $80.000 Retained earnings Total stockholders' equity Total liabilities and equity - Key Financial Data (2019) 1. Sales totaled $800,000. 2. The gross profit margin was 38.7 percent. 3. Inventory turned 6 times. 4. There are 360 days in a year. 5. The average collection period was 31 days. 6. The current ratio was 2.35. 7. The total asset turnover was 2.81 8. The debt ratio was 49.4 percent