Problem $2-9$

You are trying to prepare financial statements for Bartlett Pickle Company, but seem to be missing its balance sheet. You have Bartlett's income statement, which shows sales last year were $$440$ million with a gross profit margin of $30$ percent. You also know that credit sales equaled three$-$quarters of Bartlett's total revenues last year. In addition, Bartlett had a collection period of $49$ days, a payables period of $40$ days, and an inventory turnover of $11$ times based on cost of goods sold. Calculate Bartlett's year$-$ending balance for accounts receivable, inventory, and accounts payable.

Note: Round your answers to $1$ decimal place.

$\backslash$table$[[,\backslash$table$[[$Bartlett$\text{'}$s year$-$ending$],[$balance $($million$)]]],[$Accounts receivable,$],[$Inventory$,],[$Accounts payable,$]]$