Following are the current asset and current liability sections of the balance sheets for Freedom Incorporated at January 31, 2023 and 2022 (in millions): Current Assets Cash Accounts receivable Inventories Total current assets Current Liabilities Note payable Accounts payable Other accrued liabilities Total current liabilities Required: January 31, 2023 January 31, 2022 $ 12 $ 9 8 11 7 11 $ 27 $ 31 $ 4 $ 4 4 1 3 3 $ 11 $ 8 a. Calculate the working capital and current ratio at each balance sheet date. b. Evaluate the firm's liquidity at each balance sheet date. c. Assume that the firm operated at a loss during the year ended January 31, 2023. How could cash have increased during the year? Complete this question by entering your answers in the tabs below. Req A Req B and C Show less b.Evaluate the firm's liquidity at each balance sheet date. c. Assume that the firm operated at a loss during the year ended January 31, 2023. How could cash have increased during the year? b. Based on the working capital and current ratio measures, the firm has become c. Changes in a firm's cash position and its profitability are not directly related under