Cash Accounts receivable Inventories Prepaid insurance Equipment Accumulated depreciation-equipment Patent, net Accounts payable Interest payable Note payable (due in 10, equal annual installments) Common stock Retained earnings Totals $ 62,000 46,000 52,000 22,000 100,000 $ 41,000 47,000 15,500 5,500 130,000 77,000 60,000 $329,000 $329,000 a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio. Answer is not complete. Current Ratio Numerator Current Assets $ 182,000 $ 21,000 8.67 Denominator Current Liabilities Acid-Test Ratio Numerator Total Assets $ 108,000 $ 21,000 5.14 Denominator Current Liabilities Debt to Equity Ratio Numerator $ 151,000 $ 137,000 1.10 Denominator