Refer the following table. 5 25 points Selected Financial Information for Hope Bicycle Recycle Corporation From Fiscal 2020 Net sales (all credit) $690, eee Liabilities to total assets 1 to 2 Income taxes $ 4,200 Profit $ 52,000 Average collection period 65.30 days PPE asset turnover 3 times Inventory turnover 5 times Expenses (including taxes of 4e%) $130, eee Current ratio 2 to 1 Total asset turnover 1.5 times Retained earnings, Jan. 1, 2020 $ 18, eee Print Required: Complete the balance sheet for Hope Bicycle Recycle Corporation. (Round your intermediate answer and final answer to nearest whole number. Use 365 days a year.) HOPE BICYCLE RECYCLE CORPORATION Balance Sheet December 31, 2020 Aeeete Next > ssignment 13 - Chapter 17 Saved Help Save & Exit Submit Required: Complete the balance sheet for Hope Bicycle Recycle Corporation (Round your intermediate answer and final answer to nearest whole number. Use 365 days a year.) 5 HOPE BICYCLE RECYCLE CORPORATION Balance Sheet December 31, 2020 25 points Assets Print Cash Accounts receivable, net Inventory Plant and equipment, net Total assets Liabilities and Equity Current liabilities 12% bonds payable Common shares Retained earnings Total liabilities and equity