Refer the following table. Selected Financial Information for Hope Bicycle Recycle Corporation From Fiscal 2020 Net sales (all credit) $630,000 Liabilities to total assets 1 to 2 Income taxes $ 3,400 Profit $ 48,000 Average collection period 64.82 days PPE asset turnover 3 times Inventory turnover 5 times Expenses (including taxes of 40%) $126,000 Current ratio 3 to 1 Total asset turnover 1.5 times Retained earnings, Jan. 1, 2020 $ 16,000 HOPE BICYCLE RECYCLE CORPORATION Balance Sheet December 31, 2020 Assets $ 0 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 $ Required: Complete the balance sheet for Hope Bicycle Rec 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 Totalets 0 Liabilities and Equity Current liabilities 12% bonds payable Common shares Retained earnings Total liabilities and equity $ 0