Complete the Balance sheet and sales information in the table that follows for J. White Industries using the following financial data: Total Assets Turnover: 1.5 Gross Profit margin on sales: (Sales – cost of goods sold)/Sales = 25% Total Liabilities – to –assets ratio: 40% Quick ratio: 0.80 Days sales outstanding (based on 365-day year): 36.5 days Inventory turnover ratio: 3.75 Partial Income Sustainment Information Sales Cost of goods sold Balance sheet Cash Accounts payable Accounts Receivable Long term debt 50,000 Inventories Common Stock Fixed Assets Retained earnings 100,000 Total Assets $400,000 Total Liabilities and equity