Excelsior Corporation has the following headings on its December 31, 2019 Balance Sheet: Total Current Assets $200,000 Total Assets $500,000 Total Current Liabilities $104,500 Total Non Current Liabilities $300,000 On January 2020 Excelsior pays off $44,700 in long term debt by transferring title to one of its idle factories to the creditor Required 1: Assume no other transaction in 2020. How much will working capital increase/decrease by when comparing December 2019 with January 2020? $[ Required 2: The current ratio of 2019 is: Required 3: Excelsior's financial leverage in 2019 is (calculate it as a debt to equity ratio): Required 4: Excelsior's financial leverage in 2019 is (calculate the Equity Ratio and not the Equity Ratio percentage): Required 5: If sales for 2019 amount to $570,000, the working capital turnover for 2019 is: Instructions: Use 2 decimal places and only type the number without signs except for negative numbers that are preceded by a minus sign "-". If the right answer is 1070.39 you type "1070.39", it will not be read as correct if you type "1,070.39", "$1070.39" or any other combination. If the right answer is negative 1070.39 you type "-1070.39