This problem tests your understanding of the articulation between statements. Fill in the missing blanks Balance Sheet for Fit Company as of 12/31/19 Income Statement for Fit Company for Cash Accounts Receivable PPE, net Total Assets Accounts Payable Loans Payable 0 Common Stock 1 Retained Earnings 2 Total Liab and Stockholders' Equity . Period Ending 12/31/20 Balance Sheet for Fit Company as of 12/31/20 Sales 900 Cash 20 Cost of Goods Sold 350 Accounts Receivable 1200 Gross Profit 550 PPE, net 50 1400 1720 Salaries Expense 200 Total Assets R&D Expense 150 80 Operating Profit Accounts Payable 200 Interest Expense 20 Loans Payable 900 Income before Tax Common Stock 90 250 900 Tax Expense 36 Retained Earnings Net Income Cash Flow Statement for Period Ending Decebmer 31, 2020 Net Income Non Cash Expenses and Acc Adj 80 Cash Flow from Ops Cash Flow from Invest -300 20 Cash Flow from Fin Change in Cash Beg Cash End Cash Total Liab and Stockholders' Equity Statement of Retained Earnings 12/31/20 Beginning Retained Earnings Net Income Dividends Ending Retained Earnings 30