Consider the following income statement for the Heir Jordan Corporation:

HEIR JORDAN CORPORATION Income Statement
Sales					$	48,800
Costs						34,800
Taxable income					$	14,000
Taxes (30%)						4,200
Net income					$	9,800
Dividends	$	3,200
Addition to retained earnings		6,600

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.)

HEIR JORDAN CORPORATION Balance Sheet
					Percentage of Sales								Percentage of Sales
Assets								Liabilities and Owners Equity
Current assets								Current liabilities
Cash	$	2,650						Accounts payable	$	2,400
Accounts receivable		3,600						Notes payable		5,300
Inventory		9,000
Total	$	15,250						Total	$	7,700
								Long-term debt	$	24,000
								Owners equity
								Common stock and paid-in surplus	$	18,000
								Retained earnings		3,950
Fixed assets
Net plant and equipment	$	38,400						Total	$	21,950
Total assets	$	53,650						Total liabilities and owners equity	$	53,650