Assets 2020 2019 Cash $ 9,000 $ 12,000 Accounts receivable 80,000 48,000 Equipment 32,000 20,000 Less: Accumulated depreciation (10,000) ( 5,000) Total $111,000 $ 75 ,000 Liabilities and Shareholders' Equity Accounts payable $ 20,000 $ 15,000 Note Payable due in 4 years 12,000 0 Common shares 50,000 50,000 Retained earnings 29 ,000 1 0,000 Total $111,000 $ 75 ,000 Comment on this company's solvency. (answer with one word only) 2 points QUESTION 6 what ratio did you use to answer the previous question about solvency? ( 3 words or 4 words)