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n 20X2, sales increased to $5,870,000 and the assets for that year were as follows: Cash $ 133,000 Accounts receivable 978,000 Inventory 1,038,000 Net plant

n 20X2, sales increased to $5,870,000 and the assets for that year were as follows:

Cash $ 133,000
Accounts receivable 978,000
Inventory 1,038,000
Net plant and equipment 536,000
Total assets $ 2,685,000

Compute the following:

Note: Round your answers to 2 decimal places.

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