calculate the following ratios for $2022$

$1.$ Asset Turnover $2.$ Accounts Receivable turnover $3.$ average collection period $4.$ current ratio $5.$ debt assets $6.$ earning per share $7.$ profit margin $8.$ return on assets $9.$ return on common stock $10.$ times interest earned ratio$85\%$ of the sales for Waterways were credit sales. There are $5,000$ shares outstanding for both years. This is a private corporation whose shares are not available to the public.

$\backslash$table$[[\backslash$table$[[$WATERWAYS CORPORATION$-$INSTALLATION DIVISION$],[$Balance Sheets$],[$December $31]]],[$Assets$,2022,2021],[$Current assets$],[$Cash$,$$$836,100,$$$742,500],[$Accounts receivable,$679,300,540,400],[$Work in process,$704,300,-],[$Imventory$,16,600,7,500],[$Prepaid expenses,$76,000,42,300],[$Total current assets,$2,312,300,1,332,700],[$Property$,$ plant, and equipment$],[$Land$,298,000,298,000],[$Buildings$,450,000,450,000],[$Equipment$,932,100,801,000],[$Furnishings$,40,200,40,200],[$Accumulated depreciation,$(486,900),(489,100)],[$Total property, plant, and equipment,$1,233,400,1,100,100],[$Total assets,$$3,545,700,$$$2,432,800]]$

$\backslash$table$[[$Current liabilities$],[$Accounts payable,$$159,200,$$$128,000],[$Income tawes payable,$100,500,79,200],[$Wages paryable,$4,500,2,000],[$Interest payable,$1,100,-],[$Other current liabilities,$14,600,15,300],[$Revolving bank loan payable,$14,900,-],[$Total current liabilities,$293,800,224,500],[$Long$-$term liabilities$],[$Note paryable,$137,000,-],[$Total liabilities,$430,800,224,500],[$Stockholders$\text{'}$ equity$],[$Common stock,$1,250,000,1,250,000],[$Retained earnings,$1,864,900,958,300],[$Total stockholders' equity,$3,114,900,2,208,300],[$Total liabilities and stockholders' equity,$$3,545,700,$$$2,432,800]]$

$\backslash$table$[[\backslash$table$[[$Income Statements$],[$For the Year Ending December $31]]],[,2022,2021],[$Sales$,$$$5,536,343,$$$4,913,800],[$Less: Cost of goods sold,$3,117,900,2,822,600],[$Gross profit,$2,418,443,2,091,200],[$Operating expenses$],[$Advertising$,49,700,47,700],[$Insurance$,401,500,401,500],[$Salaries and wages,$585,400,555,400],[$Depreciation$,71,700,62,700],[$Other operating expenses,$21,200,18,626],[$Total operating expenses,$1,129,500,1,085,926],[$Income from operations,$1,288,943,1,005,274],[$Other income$],[$Gain on disposal of plant assets,$18,200,-],[$Other expenses$],[$Interest expense,$(12,000$:$),-],[$Income before income tax,$1,295,143,1,005,274],[$Income tax expense,$388,543,301,592],[$Net income,$$906,600,$$$703,692]]$

$($a$)$

Prepare a horizontal analysis of the income statement using $2021$ as the base year. $($Do not leque any answer field blank. Enter $0$ for