Below are the financial statements of Ross Corporation. REQUIRED: Calculate 2022 ratios required below. Provide answers to 2 decimal places. Hint: If a ratio is a percentage such as 10.25% please enter the answer as 10.25. Do not enter 0.10 as your answer. 2022 2021 Assets Cash $ 131,560 $ 152,750 Accounts Receivable 110,040 146,200 Inventory 217,300 258,200 Office Supplies 1,760 2,310 Prepaid Insurance 2,340 5,200 Plant, Property, and Equipment I 578,000 624,100 Accumulated Depreciation (187,360) (195,760) Patent 25,860 25,860 Total Assets $ 879,500 $ 1,018,860 Liabilities and Shareholders' Equity Accounts Payable $ 200,500 $ 233,805 Income Tax Payable 7,500 8,200 Interest Payable 3,000 3,640 Salaries Payable 9,500 11,200 Notes Payable, Due Dec. 31, 2025 157,000 157,000 Total Liabilities 377,500 413,845 Common Shares, (30,000 shares issued) 445,000 445,000 Retained Earnings 57,000 160.015 Prepaid Insurance Plant, Property, and Equipment Accumulated Depreciation Patent Total Assets Liabilities and Shareholders' Equity 2,340 5,200 578,000 624,100 (187,360) (195,760) 25,860 25,860 $ 879,500 $ 1,018,860 Accounts Payable Income Tax Payable 200,500 $ 233,805 7,500 8,200 Interest Payable Salaries Payable 3,000 3,640 9,500 11,200 Notes Payable, Due Dec. 31, 2025 157,000 157,000 Total Liabilities 377,500 413,845 Common Shares, (30,000 shares issued) 445,000 445,000 Retained Earnings 57,000 160,015 Total Liabilities and Shareholders' Equity $ 879,500 $ 1,018,860 1. 2. 3. Additional information regarding 2022: Total cash provided by operating activities was $101,020. Total net income was $37,520. Total gross profit was $204,200. All sales of $500,000 were on credit. $20,000 of sales returns occurred. 4. The cost of goods sold was $275,800. 5. Interest expense was $11,560. 6. Income tax expense was $12,000. 7. Total cash dividends declared and paid were $20,000. 8. Share issued and outstanding were the same throughout the year. Current Ratio Debt to Total Assets Gross Profit Margin Earnings Per Share (EPS) Inventory Turnover Receivables Turnover Asset Turnover A/ P I Times Interest Earned Return on Common Shareholders' Equity Payout Ratio A/