Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $ 47,900 Costs 33,900 Taxable income $ 14,000 Taxes (35%) 4,900 Net income $ 9,100 Dividends $ 2,300 Addition to retained earnings 6,800 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 $ 2,200 Accounts payable $ 4,000 Accounts receivable 5,000 Notes payable 5,100 Inventory 8,000 Total $ 15,200 Total $ 9,100 Long-term debt $ 22,000 Owners equity Common stock and paid-in surplus $ 18,000 Retained earnings 2,700 Fixed assets Net plant and equipment $ 36,600 Total $ 20,700 Total assets $ 51,800 Total liabilities and owners equity $ 51,800