4 Brief Exercise 3-9 (Algo) Calculating ratios (LO3-8] 10 points The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc. Skipped eBook Print Account Title Cash Accounts receivable Inventory Prepaid insurance Equipment Accumulated depreciation Patent (net) Accounts payable Interest payable Notes payable (due in 10 years) Common stock Retained earnings Totals Debits Credits $ 59,000 43,000 49,000 19,000 110,000 $ 38,000 44,000 14,000 4,000 140,000 74,000 54,000 $324,000 $324,000 References a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio. IULA 4 a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio. 10 points Skipped Current Ratio Numerator Denominator eBook Acid-Test Ratio Print Numerator Denominator References Debt to Equity Ratio Numerator Denominator