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3. Assume you are an analyst evaluating Mesco Company. The following data are available in your financial analysis (unless otherwise indicated, all data are as of December 31, Year 5.): Retained earnings, December 31, Year 4..... $98,000 Days' sales in receivables ........ 18 days Gross profit margin ratio Shareholders' equity to total debt 4 to 1 Acid-test ratio 2.5 to 1 Sales call on credit) $920,000 Noncurrent assets $280,000 Common stock: $15 par value; 10,000 shares issued Days' sales in inventory 45 days and outstanding; issued at $21 per share 25% Required: Using these data, construct the December 31, Year 5 balance sheet for your analysis. Operating expense) excluding taxes and cost of Goods sold for year 5) are $180,000. The tax rate is 40%. Assume a 360-day year in ratio computation. No cash dividends are paid either year 4 or year 5. Current assets consist of cash, Accounts receivable and inventories