S. Flam Bay Inc. recently had a fire which partially destroyed the company's financial records. You are hired as a management consultant to construct the December 31, year 3 balance sheet with the available information. All data are as of 12/31/year 3. All assets are current. Total assets = cash, accounts receivable, inventory, land, and building. 90 50% 540 300 1:1 20% Cash ...... Gross profit on sales ........ Expenses (excluding cost of goods sold) Current liabilities (total debt).. Debt to equity .. Return on equity ...... Ending inventory turnover ..... Current ratio ................. Acid-test ratio ....................... Total assets ................... Retained earnings ........ Carrying amount of land = 2/3 building 10 2:1 0.6 600 120