Consider the following Income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement $ 47,600 35,600 Sales Costs Taxable income Taxes (25%) $ 12,000 3,000 Net Income $ 9,000 Dividends Addition to retained earnings $3,000 6,000 The balance sheet for the Heir Jordan Corporation follows. Based on this information and the income statement, supply the missing Information using the percentage of sales approach. Assume that accounts payable vary with sales, whereas notes payable do not. (Leave no cells blank - be certain to enter "0" whenever the item is not a constant percentage of sales. Enter each answer as a percent rounded 2 decimal places, e.g. 32.16.) Percentage of Sales Assets HEIR JORDAN CORPORATION Balance Sheet Percentage of Sales Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Current assets Cash $ $ 2.400 4,500 Accounts receivable Inventory Total 2,050 4,700 6,400 13,150 $ $ 6.900 25,000 Fixed assets Net plant and equipment $ 36,000 Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ 15,000 2.250 17.250 40,150 $ $ Total assets $ 49,150