c. Issued 5,000 shares of common stock, receiving cash of $108,000 what is the current ratio, debt ratio and earnings per share? Cash $18,000 Accounts Receivable, Net 81,000 Merchandise Inventory 183,000 Total Assets 634,000 Accounts Payable 104,000 Accrued Liabilities 36,000 Short-term Notes Payable 51,000 Long-term Liabilities 222,000 Net Income 73,000 Common Shares Outstanding 50,000 shares