Consider the following income statement for the Heir Jordan Corporation:

HEIR JORDAN CORPORATION Income Statement
Sales					$	48,500
Costs						34,500
Taxable income					$	14,000
Taxes (35%)						4,900
Net income					$	9,100
Dividends	$	2,900
Addition to retained earnings		6,200

The balance sheet for the Heir Jordan Corporation follows. Based on this information and the income statement, supply the missing information using the percentage of sales approach. Assume that accounts payable vary with sales, whereas notes payable do not. (Leave no cells blank - be certain to enter "0" whenever the item is not a constant percentage of sales. Enter each answer as a percent rounded 2 decimal places, e.g., 32.16.)

HEIR JORDAN CORPORATION Balance Sheet
					Percentage of Sales								Percentage of Sales
Assets								Liabilities and Owners Equity
Current assets								Current liabilities
Cash	$	2,500						Accounts payable	$	2,400
Accounts receivable		3,900						Notes payable		5,000
Inventory		9,000
Total	$	15,400						Total	$	7,400
								Long-term debt	$	24,000
								Owners equity
								Common stock and paid-in surplus	$	15,000
								Retained earnings		6,800
Fixed assets
Net plant and equipment	$	37,800						Total	$	21,800
Total assets	$	53,200						Total liabilities and owners equity	$	53,200