how to calculate question b ?

(b) Calculate the current ratio and debt-to-equity ratio for P Company under the identifiable net assets (INA) method and the fair value enterprise (FVE) method. (Round "Current ratio" answers to 2 decimal places and "Debt to equity ratio" answers to 4 decimal places.) On December 31 , Year 1, P Company purchased 80% of the outstanding shares of $ Company for $7,440 cash. The statements of financial position of the two companies immediately after the acquisition transaction appear below