ogress=false Update The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Use this information to answer the question that follow Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Total assets $ 30,000 20,000 15,000 185.000 $250,000 Labilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity--Common Total liabilities and stockholders' equity $ 45,000 70,000 135.000 $250,000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Interest expenses Natiname $85,000 45.000 $4,000 (15,000) (5.000) non Income State $85,000 Sales 45,000 Cost of goods sold Gross margin Operating expenses $40,000 (15,000) _(5,000) $20,000 Interest expenses Net income