Required: Compute the missing amounts on the company's nancial statements. {Hint What's the difference between the acid-test ratio and the current ratio?) {Do not round intermediate calculations} $ 4.EDD,EIEIEI Cost of goods sold Gross margin Selling and administrative expenses Interest expense Net income before taxes Income taxes {40%} Net operating income _ Current assets: Cash Accounts receivable, net Inventory Total current assets Plant and equipment, net Total assets Liabilities: Current liabilities Bonds payable, 10% Total liabilities Stookholders' equity: I.Common stock. $21M par value $ 240,000 Retained earnings Total stockholders' equity Total liabilities and stockholders equity The following information is available about the company: a. All sales during the year were on account. b. There was no change in the number of shares of common stock outstanding during the year. c. The interest expense on the income statement relates to the bends payable; the amount of bonds outstanding did not change during the year. d. Selected balances at the beginning of the current year were: Accounts receivable 3 200,000 Inventory 3 300,000 Total assets $1,?10,000 e. Selected nancial ratios computed from the statements belowr for the current year are: Eamings per share $ 3.42 Debttoeguity ratio 0000 Accounts receivable turnover 15.0 Current ratio 2.60 Retum on total assets 12% Times interest earned ratio 5.0 Acid-test ratio 1.13 Inventory turnover 8.0 Required: Compute the missing amounts on the company's nancial statements. {Hint I|."'I.lhat's the dierence between the acidtest ratio and the cunent ratio?) {Do not round intermediate calculations}