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The comparative financial statements prepared at December 31, 2017, for Goldfish Company showed the following summarized data: he comparative financial statements prepared at December 31,

The comparative financial statements prepared at December 31, 2017, for Goldfish Company showed the following summarized data:

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he comparative financial statements prepared at December 31, 2017, for Goldtish Company showed the following summarized data 2017 Statement of Earnings Sales revenue Cost of sales $220,520* $185,000 131,000 157,660 Gross margin Operating expenses and interest expense 62,860 48,870 54,000 42,900 Earnings before income taxes Income tax expense 13,990 3,390 11.100 2,500 Net earnings $ 10,600 8,600 Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) $ 3,830 7,500 20,000 37,000 39,500 16,880 42,680 47,190 $110,580$104,000 Curren abilities (no interest) Non-current liabilities (10% interest) Common shares (6,000 shares) Retained earnings $ 14,960 17,500 43,000 24,000 19,500 49,620 24,000 22,000 $110,580$104,000 *One-third was credit sales tDuring 2017, cash dividends amounting to $8,100 were declared and paid Required 1. Present component percentages for 2017 only. (Input all amounts as positive values. Round the final answers to the nearest whole percent. Percentages may not add exactly due to rounding.)

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