Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales Costs $ 53,000 40,900 Taxable income Taxes (22%) $ 12,100 2,662 Net income $ 9,438 Dividends Addition to retained earnings $ 3,500 5,938 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 "O" whenever the item is not a constant percentage of sales. Enter each answer as a percent rounded 2 decimal places, e.g., 32.16.) Percentag of Sales HEIR JORDAN CORPORATION Balance Sheet Percentage of Sales Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable $ Assets Current assets Cash Accounts receivable Inventory Total current assets $ 3,140 4.200 6,500 2,600 5,700 $ 13,840 $ $ 8,300 28,000 Total current liabilities Long-term debt Owners' equity Common stock and paid in surplus Retained earnings Total owners' equity Total liabilities and owners' equity Fixed assets Not plant and equipment $ $ 43,200 5,000 15,740 20,740 57,040 Total assets $ $ $ 57,040