Mei-kwei International's common stock sold for $3.30 per share at the end of this year. The company paid preferred stock dividends totalling $4,000 and a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance Beginning Balance Cash $ 35,000 $ 30,000 Accounts receivable $ 60,000 $ 50,000 Inventory $ 55,000 $ 60,000 Current assets $150,000 $140,000 Total assets $450,000 $460,000 Current liabilities $ 60,000 $ 40,000 Total liabilities $130,000 $120,000 Preferred stock $ 40,000 $ 40,000 Common stock, $1 par value $ 80,000 $ 80,000 Total stockholders' equity $320,000 $340,000 Total liabilities and stockholders' equity $450,000 $460,000 This Year Sales (all on account) $700,000 Cost of goods sold $400,000 Gross margin $300,000 Net operating income $140,000 Interest expense $ 8,000 Net income $ 92,000 Required:13-8 What is the amount of working capital and the current ratio at the end of this year? 13-9 What is the acid-test ratio at the end of this year? 13-10 What is the accounts receivable turnover? 13-11 What is the average collection period? 13-12 What is the inventory turnover? 13-13 What is the average sale period? 13-14 What is the times