The following data were taken from the financial statements of Gates Inc for the current fiscal year Property, plant, and equipment (net) $1,160,000 Liabilities: Current liabilities $145,000 Note payable, 6%, due in 15 years 725,000 Total liabilities $870,000 Stockholders' equity Preferred 54 stock, $100 par (no change during year) ) $1,305,000 Common stock, $10 par (no change during year) 1,305,000 Retained earings: Balance, beginning of year 51,392,000 Net income 497,000 $1,889,000 Preferred dividends 352,200 Common dividends 96,800 149,000 Balance, end of year 1,740,000 Total stockholders' equity $4,350,000 Sales $24.429.500 Interest expense 343,500 Assuming that total assets were 14,95.000 at the beginning of the current factor dearmine the following when required round ta decima slabe $24,419,600 $43,500 Assuming that total assets were $4.959,000 at the beginning of the current fiscal year, determine the following when required, round to ane decimal place a. Patie of fixed assets tolong terms b. Ratio of last stochalder C. Asset tutover d. turn on totes e.tumn 1. Recommon