Games Galore has provided its condensed financial statements for the year ended December 31. The Controller has asked you to calculate liquidity, solvency, and profitability ratios that management can use decision making. Condensed financial statements for Games Galore are summarized below: Balance Sheet 2022 2021 Cash $ 185,000 $ 143,000 Accounts Receivable, Net 80,000 59,000 Inventory 104,000 134,000 Prepaid Insurance 11,900 5,880 Total Current Assets 380,900 341,880 Property and Equipment, Net 514,500