especially the second requirement. thx

Aceourta pia yablen 103,000 Hecruec of ifbilities a 1 is, 000 Sharteterm Notes Payatale 51,000 Lomp-tiprm liabllitiesi 22A,000 Net Income 74,000 Common Shares Outstanding 50,000 Requirements: 1. Compute Off Road Traveler's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places, and use the following format for your answer: Current Ratio, Debt Ratio, Earnings per Share 2. Compute the three ratios after evaluating the effect of each transaction that. follows, Consider each transaction separately. a. Purchased merchandise inventory of $48,000 on account. b. Borrowed $127,000 on a long-term note payable. c. Issued 56,000 shares of common stock, receiving cash of $106,000. d. Received cash on account, $5,000