Enter the income statement and balance sheet data for Virtual Gaming Systems shown below in a Microsoft Excel spreadsheet. VIRTUAL GAMING SYSTEMS Balance Sheets December 31 \begin{tabular}{lll} 2019 & 2018 & 2017 \\ \hline \end{tabular} Assets Current assets: CashAccountsreceivableInventoryPrepaidrent$216,00090,000140,00015,000$196,00091,000115,00013,000$154,00070,000145,0007,200 Long-term assets: Liabilities and Stockholders' Equity. Current liabilities: \begin{tabular}{lrrr} Accounts payable & $161,000 & $76,000 & $137,200 \\ Interest payable & 12,000 & 8,000 & 4,000 \\ Income tax payable & 13,000 & 20,000 & 15,000 \\ \hline Long-terintiabilites & & & \\ Notes payable & 450,000 & 295,000 & 235,000 \end{tabular} Inventory Prepaid rent 140,00015,000115,00013,000145,0007,200 Long-term assets: InvestmentinbondsLandEquipmentLess:AccumulateddepreciationTotalassets115,000310,000310,000(124,000)$1,072,000115,000220,000280,000(84,000)$946,0000250,000220,000(52,000)$794,200 Liabilities and Stockholders' Equity. Current liabilities: 3. Calculate the following risk ratios for 2018 and 2019 using formulas in Excel as demonstrated in class: a. Receivables turnover ratio. (Hint: Use net sales for net credit sales.) b. Inventory turnover ratio. c. Current ratio. d. Debt to equity ratio. 4. Calculate the following profitability ratios for 2018 and 2019 using formulas in Excel as demonstrated in class: a. Gross profit ratio. (Hint: Use net sales for net credit sales.) b. Return on assets. c. Profit margin. d. Asset turnover. (Hint: Use net sales for net credit sales.)