(Solved): Complete the balance sheet for General Aviation, Inc. based on the following financial data. Key Fi ...

Complete the balance sheet for General Aviation, Inc. based on the following financial data. Key Financial Data (2022) 1. Sales totaled $$\$1,080,000$$. 2. The gross profit margin was $$38.7\%$$. 3. Inventory turned 6 times. 4. There are 360 days in a year. 5. The average collection period was 31 days. 6. The current ratio was $$2.5$$ times. 7. The total asset turnover was 2 times. 8. Total current assets equal $$\$240,000$$. 9. The debt ratio was $$30\%$$