Hickman Company's condensed and adapted balance sheet at December 31, 2021, follows: (Click the icon to view the selected accounts and balances.) Assume that during the first quarter of the following year, 2022, Hickman completed the following transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Calculate Hickmans current ratio in debt ratio at December 31, 2021. Now lets calculate Hickmans debt ratio at December 31, 2021. Requirement 2. Consider each transaction separately. Calculate Hickmans current ratio and debt ratio after each transaction during 2022 that is seven times. Requirement 3. Complete the statements with either increase or decrease.