> 2022 Cash Accounts receivable (net) Inventory Plant assets (net) Accounts payable Mortgage payable (15%, due in 15 years) Common stock, $10 par Retained earnings $ 39,300 67,100 55,800 169,800 $332,000 $ 58,100 90,200 120,700 63,000 $332,000 2021 $ 30,100 56,300 60,900 182,400 $329,700 $ 73,600 104,000 110,400 41,700 $329,700 Additional information for 2022: 1. 2. 3. Net income was $21.400. Sales on account were $479,000. Sales returns and allowances amounted to $25,800. Cost of goods sold was $212,000. Net cash provided by operating activities was $48,000. Capital expenditures were $25,000, and cash dividends were $16,000 4 5. Compute the following ratios at December 31, 2022. (Round all answers to 1 decimal place, eg. 1.8) (a) 2.8 :1 Current ratio Accounts receivable turnover (b) times (c) days (d) times Average collection period Inventory turnover Days in inventory Free cash flow (e) days 3