Panza Corporation experienced a fire on December 31, 2020, in which its financial records were partially destroyed. It has been able to salvage some of the records and has ascertained the following balances. Cash Accounts receivable (net) Inventory Accounts payable Notes payable Common stock, $100 par Retained earnings December 31, 2020 $ 31,500 80,000 205,000 54,000 33,000 401,000 116,000 December 31, 2019 $ 11,500 124,000 177,000 94,500 61,000 401,000 105,000 Additional information. Additional information: 1. 2. 3. The inventory turnover is 3.1 times. The return on common stockholders' equity is 21%. The company had no additional pais The accounts receivable turnover is 7.0 times. The return on assets is 12.5%. Total assets at December 31, 2019, were $597,000. 4. 5. Compute the following for Panza Corporation. (a) Cost of goods sold for 2020 $ (b) Net credit sales for 2020. $ (c) Net income for 2020 $ (d) Total assets at December 31, 2020 $ e Textbook and Media