Assets 2017 2016 Cash 53,000 13.000 1,000 98.000 Accounts receivable 27,000 22.000 Lessi Aceumulated depreciation (10,000) 11.000) $161,000 $112,000 Tota Liabilities and Shareholders Equity Accounts payable Common shares Retained eanings 20,000 15,000 100,000 90.000 41,000 17.000 161,000 3112.000 Total Net income of $37,000 was reported and dividends of $13,000 were paid in 2017. New equipment was purchased, and equipment with a carrying value of $5,000 (cost of $12,000 and depreciation of $7,000) was sold for $8,000. Calculate the current ratio and debt to total assets ratio as at December 31, 2016 and 2017. Calculate the free cash flow for December 31, 2017. (Round answers to 2 decimal places, e.g. 52.75.) 2017 2016 Current Ratio Debt to total assets raio Free cash flow, December 31, 2017 S