Pepper Company provided the incomplete financial statements shown below as well as the following additional information: a. All sales during the year were on account. . There was no change in the number of shares of common stock outstanding during the year. c. The interest expense on the income statement relates to the bonds payable; the amount of bonds outstanding did not change during the year. . Selected balances at the beginning of the current year were: e. Selected financial ratios computed from the statements below for the current year are: Required: Compute the missing amounts on the company's financial statements. (Hint: What's the difference between the acidtest ratio and the current ratio?) (Do not round intermediate calculations.) \begin{tabular}{|l|c|} \hline \multicolumn{2}{|c|}{ Pepper Industries } \\ \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline \multicolumn{2}{|c|}{ For the Year Ended March 31 } \\ \hline Sales & $ \\ \hline Cost of goods sold & \\ \hline Gross margin & \\ \hline Selling and administrative expenses & \\ \hline Net operating income & \\ \hline Interest expense & 57,000 \\ \hline Net income before taxes & \\ \hline Income taxes (30\%) & \\ \hline Net income & \\ \hline \end{tabular} \begin{tabular}{|l|c|} \hline \multicolumn{2}{|c|}{ Pepper Industries } \\ \hline \multicolumn{2}{|c|}{ Balance Sheet } \\ \hline \multicolumn{2}{|c|}{ March 31 } \\ \hline Current assets: & \\ \hline Cash & \\ \hline Accounts receivable, net & \\ \hline Inventory & \\ \hline Total current assets & \\ \hline Plant and equipment, net & \\ \hline Total assets & $240,000 \\ \hline Liabilities: & \\ \hline Current liabilities & \\ \hline Bonds payable, 10\% & \\ \hline Total liabilities & \\ \hline Stockholders' equity: & \\ \hline Common stock, \$2.00 par value & \\ \hline Retained earnings & \\ \hline Total stockholders' equity & \\ \hline Total liabilities and stockholders' equity & \\ \hline \end{tabular}