Additional information for 2022 . 1. Net income was $25,700. 2. Sates on account were $406,450, Sales returns and allowances amounted to $25,700. 3. Cost of goods sold was $201,600. 4. Net cash provided by operating activities was $44,200 5. Capital expenditures were $26,600, and cash dividends paid were $8,700. 6. The bonds payableare due in 2035. Lily Company Balance Sheets December 31 \begin{tabular}{|c|c|c|} \hline & 2022 & 2021 \\ \hline Cash & $16,000 & $31,000 \\ \hline Accounts receivable (net) & 70,000 & 61,000 \\ \hline Inventory & 61,000 & 51,000 \\ \hline \multirow[t]{2}{*}{ Plant assets (net) } & 201,000 & 182,000 \\ \hline & $348,000 & $325,000 \\ \hline Accounts payable & $50,000 & $60,500 \\ \hline Bonds payable (15\%) & 100,500 & 100,500 \\ \hline Common stock, \$10 par & 136,000 & 120,500 \\ \hline \multirow[t]{2}{*}{ Retained earnings } & 61,500 & 43,500 \\ \hline & $348,000 & $325,000 \\ \hline \end{tabular} Additional information for 2022 : 1. Net income was $25,700. 2. Sales on account were $406,450. Sales returns and allowances amounted to $25,700. 3. Cost of goods sold was $201,600. 4. Net cash provided by operating activities was $44,200. 5. Capital expenditures were $26,600, and cash dividends paid were $8,700. 6. The bonds payable are due in 2035. Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimalp decimal place, e.g. 1.6.) (a) Current ratio :1 (b) Accounts receivable turnover times (c) Average collection period days (d) Inventory turnover times (e) Days in inventory days (f) Free cash flow $