Complete the Percentage of sales method of the balance sheet if Sales were $75,000

HEIR JORDAN CORPORATION Balance Sheet Assets Liabilities and Owners' Equity Percentage Percentage of Sales of Sales Current assets Current liabilities Cash $ 2,950 Accounts payable $2,400 Accounts receivable 4,100 Notes payable 5,400 Inventory 6,400 Total $ 7,800 Total $13,450 Long-term debt $28,000 Fixed assets Net plant Owners' equity and equipment $41,300 Common stock and paid-in surplus $15,000 Retained earnings 3,950 Total $18,950 Total liabilities and Total assets $54,750 owners' equity $54,750 Complete the Percentage of sales method of the balance sheet if Sales were $75,000