The 2020 financial statements of Outdoor Waterworks Inc. follow: Assume all sales were on credit. Also assume the long-term note payable is due in 2023 , with no current. portion. On the December 31 , 2019 , balance sheet, the assets totalled $437,720, common shares were $197,000, and retained earnings were $110,640. Required: Calculate the following: (Use 365 days in o year. Do not round your intermediate calculations. Round the answers to 2 decimal places.)