Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $43,500 Costs 34,100 Taxable income $ 9,400 Taxes (24%) 2,256 Net income $ 7,144 Dividends Addition to retained earnings $4,000 3,144 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.) 32.16.) Percentage of Sales HEIR JORDAN CORPORATION Balance Sheet Percentage of Sales Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable $ $ 2.400 5,100 Assets Current assets Cash Accounts receivable Inventory Total 2,550 3,800 9,000 15,350 $ 7,500 24,000 $ $ $ Fixed assets Net plant and equipment Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ 38,000 16,000 5,850 21.850 53,350 $ $ $ 53,350 Total assets