n 10 ed out of 7 ny The balance sheet and income statement for Joe's Fish Hut are presented below: Joe's Fish Hut Balance Sheet As at February 28 ASSETS Current Assets Cash Accounts receivable Inventory Total Current Assets Property and equipment Less: Accumulated depreciation TOTAL ASSETS LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts payable Notes Payable - Current Portion Total Current Liabilities Shareholders' Equity Common shares Retained earnings TOTAL CLLADELOL 2021 $31,700 $35,100 $7,800 $7,800 $39,500 $42,900 Notes Payable - Long-Term Portion $82,000 $44,000 TOTAL LIABILITIES $121,500 $86,900 COULTV 2020 $193,888 $65,900 $23,600 $15,000 $22,100 $27,600 $239,588 $108,500 $130,000 $182,000 $-29,100 $-22,300 $340,488 $268,200 $75,000 $54,400 $143,988 $126,900 Q Search k

Hut are presented below: \begin{tabular}{|l|c|c|} \hline Notes Payable - Long-Term Portion & $82,000 & $44,000 \\ \hline TOTAL LIABILITIES & $121,500 & $86,900 \\ \hline Shareholders' Equity & & \\ \hline Common shares & $75,000 & $54,400 \\ \hline Retained earnings & $143,988 & $126,900 \\ \hline TOTAL SHAREHOLDERS' EQUITY & $218,988 & $181,300 \\ \hline TOTAL LIABILITIES AND EQUITY & $340,488 & $268,200 \\ \hline \end{tabular} Complete the following ratio analysis. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the current ratio for 2021. Current Ratio: b) Calculate the quick ratio for 2021. Quick Ratio c) Calculate the working capital for 2021. Working Capital