Cowan Kitchen Counters, Inc: Comparative Income Statement For Years Ended Docember 31, 20-2 and 201 \begin{tabular}{|lrr|} \hline & 202 & 201 \\ \hline Net Sales (all on account) & $2,588,500 & $2,169,100 \\ Cost of goods sold & 1,867,700 & 1,622,800 \\ Gross profit & $720,800 & $546,300 \\ Operating expenses & 311,100 & 214,000 \\ Other expense (interest) & 24,200 & 24,200 \\ Income tax expense & 174,200 & 107,300 \\ Net income & $211,300 & $200,800 \\ \hline \end{tabular} Cowan Kitchen Counters, Inc. Comparative Balance Sheet December 31,202 and 201 \begin{tabular}{|lcc|} \hline & 202 & 201 \\ \hline Cash & $258,100 & $244,600 \\ Government notes & 249,100 & 249,100 \\ Accounts receivable (net) & 907,000 & 799,600 \\ Merchandise inventory & 981,700 & 909,000 \\ \hline \end{tabular} Compute the ronowing uquiaity measures ror zu-e (ruunu an canculauvis to ww ucumal places): Based on the financial statements of Cowan Kitchen Counters, Inc., as shown below: Compute the following prontability measures for 202 (ruund all calculations to two decimal places): Cowan Kitchen Counters, Inc. Comparative Income statement For Years Ended December 31, 20-2 and 20-1 Compute the following leverage measures for 202 (round all calculations to two decimal places)