Mandalorian Inc. had the following information for 2020 and 2021: Account 12/31/2020 12/31/2021 Cash and Cash Equivalents $16,000 $12,000 Short-Term Investments 12,000 5,500 Current Receivables, net 23,000 33,000 Inventory 25,000 26,000 Prepaid Insurance 8,000 13,000 Equipment 12,000 10,000 Salaries Payable 19,000 28,000 Short-Term Notes Payable 12,000 16,000 Income Tax Payable 10,000 13,000 Deferred Revenue 1,000 2,000 Mortgage Payable 116,000 104,000 Commission Expense 4,000 17,000 Credit Sales Gross Margin 320,000 210,000 128,000 76,000 Answer the following questions: 1. Compute the company's quick, current, and debt ratios. Discuss the company's liquidity. Ratio for 2020 and 2021. 2. How would you analyze the meaning of the three ratios (hint: simply using a definition is wrong)?