Browning Company Balance Sheets from year-end 2017 & 2018 contained the following information: 2018 2017 Cash 120,000 A/R 75,000 100,000 Inventory 230,000 180,000 PP&E (net of depreciation) 500,000 500,000 A/P 90,000 150,000 N/P 260,000 220,000 Common Stock 200,000 200,000 Retained Earnings 310,000 330,000 Other information for 2018 is as follows: Depreciation was 50,000 Dividends were paid out to shareholders totaling 75,000 Net income was 55,000 PPE was purchased for 50,000 The company received 40,000 from issuing long-term notes payable Prepare the statement of cash flows for 2018 using the excel template on blackboard using only formulas. Then, calculate the ratios listed and give a brief commentary on the ratios. Numbers may be typed into the balance sheet, but only formulas should be in the cash flow and ratio sections. Current Ratio Quick Ratio Return on Assets