Based on the above financial statements, calculate the following ratios for 2021:

income statement
Sales		420,000
cost of goods sold		294,000
gross profit		126,000
salaries expense	48,000
depreciation expense	12,000
interest expense	2,800
rent expense	46,800
	0
total expenses		109,600
operating income		16,400
gain on equipment		3,000
net income		19,400
Statement of Retained Earnings
Beginning Balance - Retained Earnings		$ 134,000
Plus - Net Income		19,400
Less - Dividends		(7,500)
Ending Balance - Retained Earnings		$ 145,900
Balance sheets
	2020	2021	change
Assets:
Cash	72,600	34,400	(38,200)
Accounts Receivable	47,600	81,600	34,000
Inventory	54,800	70,800	16,000
prepaid expenses	5,200	1,300	(3,900)
Equipment	77,000	87,000	10,000
Accum. Depr - Equipment	(32,500)	(33,500)	(1,000)
total assets	224,700	241,600
Liabilities:
Accounts Payable	25,700	38,700	13,000
accrued Liabilities	5,000	7,000	2,000
Bonds Payable	40,000	30,000	(10,000)
total liabilities	70,700	75,700
shareholders Equity:
Common Stock	20,000	20,000	0
Retained Earnings	134,000	145,900	11,900
total equity	154,000	165,900
total liabilities and shareholder equity	224,700	241,600

A. Current Ratio

B. Gross Profit Percentage

C. Debt Ratio

D. Debt to Equity Ratio