Consolidated balance sheets The Halifax Technology Corporation (HTC) financial statements follow: B(Click the icon to view the consolidated balance sheets.) 2 (Click the icon to view the consolidated income statements.) Assets HTC's current ratio at year-end 2020 is dosest to Current assets: Cash and cash equivalents $ 3,900 $ 3.737 370 (Round you 840 Consolidated income statements Short-term investments OA. 1.0 3.800 2.600 Accounts receivable, net Inventories 333 324 OB. 1.1 9, 108 9,000 73,500 1,600 800 OC. 0.8 Other OD. 1.2 Gross profit Operating expenses: Selling, general, and administrative Research, development, and engineering Total current assets 10.473 7,831 3,200 2,750 2,600 1.700 1.150 800 600 362 422 Property, plant, and equipment, net Investments 6,600 570 5.100 260 4,000 3,350 3,384 Other non-current assets Special charges Total operating expenses Operating income $ 19.3435 14.341 Total assets 5,650 5,108 110 10.116 (58) 183 Liabilities and Shareholders' Equity Investment and other income (loss), net Income before income taxes Current liabilities: 5,833 10,058 5,218 950 915 495 Income tax expense 5 4.268 $ 4.918$ 9,563 Net Income Print Done Earnings per common share: Calcula S 1.09 $ 0.70 $ 0.60 Basic 23 2C Cloudy ENG Bi 11:57 06-12-2021 Type here to search Tech Software Limited reported the following amounts on its balance sheets at December 31, 2020, 2019, and 2018 E: (Click the icon to view the data.) Sales and profits are high. Nevertheless, Tech is experiencing a cash shortage. Perform a vertical analysis of Tech Software's assets at the end of years 2020, 2019, and 2018. Use the analysis to explain the reason for the cash shortage RE - x (Round "Percent of Total amounts to two decimal places. Compute each line separately.) Data table Tech Software Inc. Vertical Analysis 2020 2019 2018 December 31, Cash $ 6,400 $ 6,400 $ 5.400 21,000 Receivables, net ... 37,000 24,000 2020 Percent of Total 2019 Percent Amount of Total 2018 Percent Amount of Total 150 000 111,000 Amount 77,000 2,000 2,000 1,000 Cash % Inventory Prepaid expenses Property, plant, and equipment, net 89,600 82,600 84.600 285,000 $ 226,000 $ 189,000 Total assets. Receivables, net Inventory Prepaid expenses Property, plant and equipment, net 100 100 100 % Print Done Total assets Time Remaining:00:53:39 Next Calculator 2C Cloudy (1) ENG 11:58 06-12-2021