Consider the following income statement for the Heir Jordan Corporation:

HEIR JORDAN CORPORATION Income Statement
Sales					$	47,200
Cost						35,200
Taxable income					$	12,000
Taxes (35%)						4,200
Net income					$	7,800
Dividends	$	1,700
Addition to retained earnings		6,100

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. Round your answers to 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	$	3,100						Accounts payable	$	2,400
Accounts receivable		4,400						Notes payable		4,200
Inventory		6,400
Total	$	13,900						Total	$	6,600
								Long-term debt	$	25,000
								Owners equity
								Common stock and paid-in surplus	$	12,000
								Retained earnings		5,700
Fixed assets
Net plant and equipment	$	35,400						Total	$	17,700
Total assets	$	49,300						Total liabilities and owners equity	$	49,300