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I. Computation. Give what is being asked. Show your solution. (5 pts, each) Current Assets Inventory Accounts Receivable Cash in hand Total Fixed Assets Plant and Machinery Depreciation Total JCT Balance Sheet JCT As of December 2018 Income Statement for December 2018 Liabilities and Owner's Equity Sales 3200 1000 Current Liabilities Cost of Goods Sold 1300 2500 Accounts Payable 2500 Administrative Expenses 900 3500 Notes Payable 1400 Depreciation 2610 XXX Total XXX Earnings Before Interest 5939 and Taxes Interest Expense 120 Non-Current Liabilitie Taxable income 1849 4100 Long-term debt 2600 Taxes 324 300 Total XXX Net Income 1575 XXX Dividends 32 Owner's Equity Addition to Retained 543 Earnings XXX Common stock 2200 Capital Surplus 1300 Number of Shares 200 Outstanding Retained Earnings 800 Price per share 6.78 Total XXX Total Assets XXX Total Liabilities and Owner's Equity 1. LIQUIDITY RATIO a. Working Capital b. Current Ratio c. Acid Test Ratio or Quick Ratio d. Account Receivable Ratio e. Average Collection Period f. Inventory Turnover Ratio