Refer the following table.

Connect X C Get Homework Help With Chegg X Course Hero X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASsBkEPsRc2.. * M Assignment 13 - Chapter 17 i Saved Help Save & Exit Submit 8 Refer the following table. Selected Financial Information for Hope Bicycle Recycle Corporation From Fiscal 2020 Net sales (all credit) $510, 000 25 Liabilities to total assets 1 to 2 points Income taxes 1, 800 Profit $ 40, 000 Average collection period 63.86 days 04:04:09 PPE asset turnover 3 times Inventory turnover 5 times Expenses (including taxes of 40%) $118, 000 Current ratio 2 to 1 Print Total asset turnover 1.5 times Retained earnings, Jan. 1, 2020 $ 12, 000 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 Assets Cash Accounts receivable, net Inventory Plant and equipment, net Total assets $ 0 Liabilities and Equity Mc Graw Hill Type here to search O 1 09 /4X ENG 2:55 PM 2020-08-24Connect X C Get Homework Help With Chegg X Course Hero X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASsBkEPsRc2... * M Assignment 13 - Chapter 17 i Saved Help Save & Exit Submit Expenses (including taxes of 40%) $118, 000 Current ratio 2 to 1 8 Total asset turnover 1.5 times Retained earnings, Jan. 1, 2020 $ 12, 000 Required: 25 Complete the balance sheet for Hope Bicycle Recycle Corporation. (Round your intermediate answer and final answer to nearest points whole number. Use 365 days a year.) 04:04:05 HOPE BICYCLE RECYCLE CORPORATION Balance Sheet December 31, 2020 Print Assets Cash Accounts receivable, net Inventory Plant and equipment, net Total assets $ 0 Liabilities and Equity Current liabilities 12% bonds payable Common shares Retained earnings Total liabilities and equity $ 0 Mc Graw Hill Type here to search O 1 01 /4X ENG 2:55 PM 2020-08-24