The December 31, 2019, balance sheet for Burdette Corporation is presented here. These are the only accounts on Burdette's balance sheet. Amounts indicated by question marks (?) can be calculated using the following additional information: BURDETTE CORPORATION Balance Sheet As of December 31, 2019 Assets Cash $ 31,000 Accounts receivable (net) ? Inventory ? Property, plant, and equipment (net) 298,000 $442,000 Liabilities and Stockholders' Equity Accounts payable (trade) $ ? Income taxes payable (current) 31,000 Long-term debt ? stock 304,000 Retained earnings ? $ ? Additional Information Current ratio (at year end) Total liabilities - Total stockholders' equity Gross margin percentage Inventory turnover (Cost of goods sold - Ending inventory) Gross margin for 2019 1.8 to 1.0 70% 40% 11.6 times $319,000 a. Accounts payable b. Retained earnings c. Inventory