Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $ 210,000 Accounts payable $ 600,000 Receivables 1,575,000 Notes payable 100,000 Inventories 1,130,000 Other current liabilities 550,000 Total current assets $2,915,000 Total current liabilities $1,250,000 Net fixed assets 1,350,000 Long-term debt 400,000 Common equity 2,615,000 Total assets $4,265,000 Total liabilities and equity $4,265,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 919,000 Earnings before interest and taxes (EBIT) $ 206,000 Interest expense 40,000 Earnings before taxes (EBT) $ 16