USE THE FOLLOWING INFORMATION TO CONSTRUCT A BALANCE SHEET TO ANSWER QUESTIONS 45 through 47 Financial Data for Spinaway, Inc. (Unless otherwise noted, all data is for December 31, 2020) Number of shares outstanding 700,000 Average collection period (days) 30 Sales $12,650,000 Accounts payable days 18 Gross profit margin 25% Retained earnings (Dec 31, 2020) $1,249,000 Inventory turnover ratio 10 Dividend payout ratio 80% Notes payable $226,000 Accruals $84,000 Net profit margin 9% Current ratio 2.4 Return on assets 7.5% Debt ratio 40% Percent of sales on credit 75% Par value per share $2.50 Assume a 360-day year and assume that the only accounts on the balance sheet are those listed below. Fill in this chart with the data provided and then answer questions 45, 46 and 47. NOTE: When you create the balance sheet associated with the data above, round all figures (if necessary) to the nearest whole dollar (Le., to 0 decimal places). Be sure that your final balance sheet balances. Cash Accounts receivable Inventory Current assets Gross fixed assets Accumulated depreciation Notes payable Accounts payable Accruals Current liabilities Long-term debt Total liabilities Equity Net fixed assets Land Total assets 45. Cash 46. Total liabilities 47. Total shareholder equity Total liab. & equity