From the values of the ratios given, calculate the missing balance sheet and income statement items of National Sponge Company.Round to nearest $000$s$.$

Average Collection Period

$43\mathrm{.}22$ days

Current Ratio

$1\mathrm{.}67$

Debt to Asset Ratio

$\mathrm{.}4$ or $40\%$

Gross Profit Margin

$35\mathrm{.}53\%$

Fixed Asset Turnover

$3\mathrm{.}04$

Inventory Turnover

$12\mathrm{.}7$x

Operating Profit Margin

$18\mathrm{.}42\%$

Return on Assets

$0\mathrm{.}20$ or $20\mathrm{.}0\%$

Return on Equity

$0\mathrm{.}3333$ or $33\mathrm{.}33\%$

Total Asset Turnover

$1\mathrm{.}69$

National Sponge Company Income Statement for $2022(000$ dollars$)$

Sales $$76,000$

Cost of Goods Sold

Gross Profit

Selling and Administrative Expenses

Depreciation Expense $4,000$

Operating Income $($EBIT$)$

Interest Expense

Earnings before Taxes $($EBT$)$

Income Taxes $($T $=25\%)3,000$

Net Income $($NI$)$

National Sponge Company Balance Sheet as of End $2022$

Assets:

Cash

Accounts Receivable $($gross$)$

Inventory

Plant and Equipment $($net$)$

Liabilities:

Accounts Payable $5,000$

Notes Payable

Accrued Expenses $3,000$

Bonds Payable

Stockholders$$ Equity:

Common Stock $5,000$

Retained Earnings