The Shannon Corporation has sales of $$750,000,$ all on credit and COGS of $$500,000.$

Total assets turnover $2\mathrm{.}5$ times

Cash to total assets $2\mathrm{.}0\%$

Accounts receivable turnover $10\mathrm{.}0$ times

Inventory turnover $($based on COGS$)10\mathrm{.}0$ times

Current ratio $2\mathrm{.}0$ times

Debt to total assets $45\mathrm{.}0\%$

Based on the information given above. Complete the balance sheet.

SHANNON CORPORATION

Balance Sheet Dec. $31,20$XX

Assets Liabilities and Shareholders$$ Equity

Cash $

Current debt $

Accounts receivable

Long$-$term debt

Inventory

Total current assets

Total debt

Capital assets

Equity

Total assets $

Total debt and shareholders' equity $