Net Sales Company Net Income Profit Margin (%) a. $ b. C. 5,963 $ 48,480 96,218 431,472 100,310 276,336 75,629 1,575,600 81,825 470,256 d. e. Use the information in the following adjusted trial balance for the Wilson Trucking Company. Credit Debit $ 8,100 16,500 2,000 158,000 $ 32,548 75,000 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expenso-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,100 3,000 52,000 152,951 19,000 120,500 20,993 56,515 6,628 10,363 $373,099 $373,099 1. Calculate the current ratio. Assume that the industry average for the current ratio is 1.5