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We are given the following information for the Pettit Corporation. Sales ( credit ) $ 3 , 5 4 9 , 0 0 0 Cash

We are given the following information for the Pettit Corporation.
Sales (credit) $ 3,549,000
Cash 179,000
Inventory 911,000
Current liabilities 788,000
Asset turnover 1.40 times
Current ratio 2.95 times
Debt-to-assets ratio 40%
Receivables turnover 7 times
Current assets are composed of cash, marketable securities, accounts receivable, and inventory.
Calculate the following balance sheet items.
Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.

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