Consider the following income statement for the Heir Jordan Corporation:

HEIR JORDAN CORPORATION
Income Statement
Sales		$ 47,600
Costs		35,600
Taxable income		$ 12,000
Taxes (25%)		3,000
Net income		$ 9,000
Dividends	$ 3,000
Addition to retained earnings	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 to 2 decimal places, e.g., 32.16.)

HEIR JORDAN CORPORATIONBalance SheetPercentage of SalesPercentage of SalesAssetsLiabilities and Owners EquityCurrent assetsCurrent liabilitiesCash$2,050Accounts payable$2,400Accounts receivable4,700Notes payable4,500Inventory6,400Total current assets$13,150Total current liabilities$6,900Long-term debt$25,000Fixed assetsOwners equityNet plant and equipment$36,000Common stock and paid-in surplus$15,000Retained earnings2,250Total owners' equity$17,250Total assets$49,150Total liabilities and owners equity$49,150