USE THE FOLLOWING INFORMATION TO FILL IN THE BALANCE SHEET BELOW TO ANSWER QUESTIONS 48 through 50 Financial Data for Fedrekoko, Inc. (Unless otherwise noted, all data is for December 31, 2020) Number of shares outstanding 60,000 Average collection period (days) 18 Sales $720,000 Accounts payable days 9 Gross profit margin 35% Capital surplus $142,100 Inventory turnover ratio 5.0 Total dividends paid $4,000 Cash $40,000 Accruals $16,000 Net profit margin 20% Quick ratio 2.0 Return on assets 20.0% Debt ratio 40% Percent of sales for cash 25% 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 48, 49 and 50. NOTE: When you create the balance sheet associated with the data above, round all figures (if necessary) to the nearest whole dollar (i.e., to 0 decimal places). Be sure that your final balance sheet balances. Cash Notes payable Accounts receivable Accounts payable Inventory Accruals Net fixed assets Long-term debt Total assets Common stock ($0.50par value) Capital surplus Retained earnings Total liab. & equity 48. Current assets = 49. Long-term debt = 50. Total assets =