USE THE FOLLOWING INFORMATION TO FILL IN THE BALANCE SHEET BELOW TO ANSWER QUESTIONS 31 through 34 Note: Of total sales, 60 percent are on credit and the remainder are cash sales. Assume a 360-day year. All data in the table above, unless otherwise stated, is for the year 2011. 31. Cash = ____________. 32. Long-term debt = ____________. 33. Total assets =____________. 34. Capital surplus = __________. Number of shares outstanding 15,000 Average collection period (days) 60 Sales $ 200,000 Accounts payable days 90 Gross profit margin 20% Retained earnings (2010) $ 23,700 Inventory turnover ratio 4 Dividend payout ratio 80% Notes payable $ 8,000 Accruals $ 4,000 Net profit margin 15% Current ratio 1.5 Return on assets 8% Debt ratio 40%