HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) 230 180 230 360 1,300 Total assets $ 2,300 Liabilities and Shareholders' Equity Current liabilities 430 Long-term liabilities 380 Paid-in capital 900 Retained earnings 590 Total liabilities and shareholders' equity $ 2,300 The company's 2021 income statement reported the following amounts ($ in thousands): Net sales Interest expense $4,900 50 Income tax expense Net income 130 190 Required: 1. Calculate the current ratio. (Round your answer to 2 decimal places.) 2. Calculate the acid-test ratio. (Round your answer to 3 decimal places.) 3. Calculate the debt to equity ratio. (Round your answer to 2 decimal places.) 4. Calculate the times interest earned ratio. (Round your answer to 1 decimal place.) 1. Current ratio 2. Acid-test ratio 3. Debt to equity ratio 4. Times interest earned ratio times