Favor Company had the following ratios on December 31, 2017 0.8 to 1 Debt to Equity Ratio Acid-test ratio 1.3 to 1 Gross Margin ratio 35% Times interest earned 10 times Ratio of operating expenses to sales 109 Additional Information: 1. The gross profit for 2017 operation amounted to P945,000 2. The merchandise inventory on December 31, 2017 was P600.000 3. Non-current liabilities consisted of bonds payable with 15% interest rate. 4. Total shareholders' equity as of December 31, 2017 amounted to P1.500.000 Required: 1. Operating income before interest and taxes for 2017 2. Amount of bonds payable 3. Total liabilities 4. Quick assets 5. Total current assets 6. Total assets 7. Non-current assets