Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.)

Income Statement

Sales

Cost of goods sold

Depreciation

Selling and administrative expenses

EBIT

Interest expense

Taxable income

Taxes

Net income

Balance Sheet, Year-End

AsSetS

Cash

Accounts receivable

Inventory

Tota current assets

Fixed assets

Total assets

Liabilities and Stockholders Equity

Accounts payable

Short-term debt

Total current liabilities

Long-term boi

DO S

Total liabilities common stock

2020

$ 5,630,000

2,936,000

289,400

1,550,000

854,600

138,000

716,600

320300

396,300

2020

2019

48,400

649,000

481,800

$ 1,179,200

13,060,000

54,000

932,200

648,400

$ 1,634,600

3,793,000

$ 5,427.600

336,400

491,000

827,400

2,282,400

313,900

623,000

762,200

$ 1,385,200

3,049,

1300

$ 4,434,500

313,900

Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. 2 decimal places except $ amounts.) Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders Equity Accounts payable Short-term debt: Total current liabilities Long-term bonds Total Liabilities Cotnmon stock. Retained earnings Total stookholders equity Total liabilites and atockholders equity