Doors Inc.'s condensed income statement and balance sheet for the years 2022 and 2021 follow. 1. Accounts Receivable increased 50 percent from 2021 to 2022. 2. There were no new purchases of land, property, or equipment in 2022. 3. Accounts Payable decreased 40 percent from 2021 to 2022. 4. No new shares of common stock were issued in 2022. 5. The company paid out cash dividends of $43,048 in 2022. 6. The inventory turnover ratio for 2022 was 6 times. 7. The asset turnover ratio in 2022 was 2.1 times and in 2021 was 2.0 times. 8. The earnings per share in 2022 was $44.624 and in 2021 was $26.00. 9. The effective income tax rate in both years was 20 percent. Required: Complete Doors Inc.'s condensed Income Statement and Balance Sheet for years 2022 and 2021. Analyze: Assume that the management of Doors Inc. had been given a directive by the board of directors to improve the company's current ratio in 2022. Did the company improve its standing in this regard from the prior year? DOORS, INC. Condensed Comparative Income Statement For Years Ending December 31, 2022 and 2021 Amounts 2022 2021 Sales Less: Cost of Goods Sold 120,000 Gross Profit Operating Expenses 115,000 100,000 Net Income before Income Tax Income Tax Expense Net Income after Income Tax Comparative Balance Sheet December 31, 2022 and 2021 Amounts 2022 2021 Assets Current Assets s 54,600 S 35,500 26,000 22.000 20,000 77,500 S s 20.000 50,000 (10.000) S 65.000 142,500 S Cash Accounts Receivable Merchandise Inventory Total Current Assets Property. Plant, and Equipment Land Equipment Less: Accumulated Depreciation Total Property. Plant, and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Accrued Expenses Total Current Liabilities Stockholders' Equity Common Stock ($1 par, 10.000 Shares Authorized) Paid in Capital in Excess Of Par-Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity S 21,000 S 24,900 S 40.000 s 2.000 500 100.000 Income Stmt Balance Sheet Analyze Assume that the management of Doors Inc. had been given a directive by the board of directors to improve the company's current ratio in 2022. Did the company improve its standing in this regard from the prior year? Did the company improve its standing in this regard from the prior year