3. Baker Corporation provided the following Statements for 2014-15 - 2015 $ 40,000 320,000 460,000 820,000 560,000 180,000 380,000 1,200,000 2014 $ 70,000 350,000 320,000 740,000 520,000 150,000 370,000 1,110,000 Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Asset Gross Fixed Assets Accumulated Depreciation Net Fixed Asset Total Asset Liabilities & Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Accrued Expense Total Current Liabilities Long Term Debt Total Liabilities Stockholders' Equity Common Stock at par Share Premium Reserve Retained Earnings Total Liabilities & Stockholders' Equity 390,000 110,000 20,000 520,000 320,000 840,000 320,000 90,000 20,000 430,000 350,000 780,000 100,000 150,000 110,000 1,200,000 100.000 150,000 80,000 1,110,000 Income Statement Sales Cogs Gross Profit Operating Expenses Operating Income (EBIT) Interest Earnings before Tax (EBT) Tax (30%) Earnings after Tax (Net Income) 2015 $ 2,200,000 1,420,000 780,000 600,000 180,000 29,000 151,000 45,000 106,000 Additional Information: 1. Purchased equipments paying $40,000 cash. 2. Annual depreciation expense was $30,000. 3. Paid cash dividend of $76,000. 4. No sale of fixed asset. Required A) Prepare a Cash Flow Statement for the year 2015. (12) B) Calculate the following Ratios for the year 2015 and also indicate the significance of each ratio - (18) Current Ratio, Quick Ratio, Accounts Receivable Turnover, Profit Margin, Asset Turnover, ROA, Return on Common Stockholders' Equity, Debt to Asset, Times Interest Earned ratio