Please help.

Income Statement For the Year Ended December 31, 2020 Service revenue [cinic, rocing, TEAM Salas ravenue (MU watches) $535000 Totel revenues 5645,000 Cost of goods sold (MU watches) Depraciatian expense Interest cxpenso Income tax expense 66.000 303,876 46,000 29324 54,600 Total excenses 499,800 Net income S145,200 GREAT ADVENTURES, INC. Belance Sheets December 31, 2020 and 2019 Increase (0 or 2019 Decrease (D) 164,404 2,B00 Current asscts $ 298,404134,000 31000 13,600 10,500 Cash Accounts receivable Other curent assets Land B,000 I 16,400 12,400 1,800 Long-erm assets: 250000 1200,000 61,000 70,250 250,000 0 1200,000 61000 (24,250 Less: Accumulated depreciaticn 46,000 Total assets $ 1,806,954 $225,350 Labilities end Stockholders' Equity Current liabilities: S11.400 710 54.600 58,600 710 2,800 18,600 422.404 I 00,000 Accounts payable Interest payable Incomo tax payablo Lang term liabilitics: Notes payable 450,404 Stockholders' equity: Common stock Paid-in capital Retained eamings Treasury stock 130,000 1,105,000 43,840 0 1105,000 122,640 21,200 I 90,000) I Tolal liabilities and stockholders' equity 1,806,954 225,950 As you can tell from the financial statements, 2020 was an especially busy year. Tony and Suzie were able to use the $1.2 million received from the issuance of 100,000 shares of stock to hire a construction company for $1 million to build the cabins, dining facilities, ropes course, and the outdoor swirnming pool. They even put in a baby paol to celebrate the birth of their firsthorn son, little Venture Mathesa. Assume all sales and services are on credit Required 1. Calculate the following risk ratios for 2020. (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal places.) a. Receivables turnover ratio b. Average collection period C. Inventory turnover ratio d. Average days in inventory e. Current ratio f. Acid-test ratio g Debt to equity ratio h. Times interest earned ratio times days imes days to 1 to 1 times Great Adventures Problem 12-1 Part 2 2. Calculate the following profitability ratios for 2020. (Round your answers to 2 decimal places.) a. Gross profit ratio (on the MU watches) b. Return on assets C. Profit margin d. Asset turnover e. Return on equity times