For the next several questions that refer to the firm Country Kettles, refer to its Income Statement and Balance Sheet that is available in the "Files" section of this course: "Country-Kettles-Problem.xls". For 2026, Country Kettles' Current Ratio is approximately O 3.28 O 3.55 0 2.46 O 0.95 0 2.25 19 Country Kons, Inc. Incomo Statement for tho your2028 Net Sales 765,000 Cost of goods sold 459,000 Gross Proft 306.000 Selling, general, and administrative expenses 91,800 Advertising 26,775 Rent 45,000 Depreciation 5,2251 Profit before taxes 137200 Taxes 68,600 Net Profit after taxes 68,600 Dividends 30.800 Retained eamings 37.800 Country Kettles, Inc. Balance Sheet on December 31 2025 2026 ASSETS Cash 35.000 42,000 Accounts receivables 84.500 94 250 Inventory 75.000 78.750 Property, plant, and equipment (gross) 168.750 181,475 Less: Accumulated depreciation 56.250 61.475 Total Assets 307.000 335.000 LIABILITIES AND EQUITY Accounts Payables 55.000 60,500 Accrued Expenses 8.450 5.150 Long-term Debt 30.000 15.000 Shareholders' Equity 213,550 254350 Total Liabilities and Equity 307 000 335.000