Given the following ratios, complete the balance sheet below. Assume 360 days in a year

current ratio=5.0

quick ratio=3.0

debt ratio 20%

Total Asset Turnover 1.0

Average collection period 36 days

credit sales= 80% of total sales

Cash ??? accounts payable 100,000

accounts receivable ???? Long term debt ???

Inventory ??? total liabilities ???

Current assets ???

Net fixed assets 1,500,000 common equity ???

total 2,000,000 total 2,000,000