please show work as necessary and be neat

al 2017 income statement and balance sheet of Mullen, Inc. provided below Roer to the fiscal 20 MULLEN, INC. Balance Sheet 2012 As of December 31, Assets: Cash and cash equivalents Accounts receivable Inventory Current Assets 2016 $ 454,000 595,241 518,543 1,567,784 $ 374,585 419,546 548,521 1,342,652 Property, plant and equipment Less: Accumulated depreciation Property, plant and equipment-net Intangible assets 1,085,741 (388,139) 697 602 748,545 924,652 (297,504) 627,148 698.545 Total assets $3,013,931 $2,668,345 Liabilities Accounts payable Accrued expenses Self-insurance liabilities Income tax payable Current Liabilities $ 452,484 451,421 255,854 295,877 1,455,636 $ 475,152 373,650 179,652 221.236 1,249,690 Long-term note payable Total Liabilities 710,622 2,166,258 655,270 1,904,960 Stockholders' Equity: Common stock Capital in excess of par value Retained earnings Total Stockholders' Equity 51,200 458,000 338,473 847,673 51,200 458.000 254,185 763,385 $3,013,931 $2,668,345 Total liabilities and stockholders' equity MULLEN, INC. EL VON Income Statement For the year ended December 31, 2017 Revenues $2,456,852 1,523,248 Cost of goods sold Gross profit $933,604 Operating expenses Depreciation expense Salary expense Selling expense 90,635 270,254 233,401 81,076 61,200 Administrative expense Interest expense Total operating expenses Income from operations Income tax expense 736,566 197,038 59,111 $137,927 Net income $ 53,639 Dividends paid to common shareholders midity, solvency and coverage ratios for 2017 and 2016 for Mulla Required: Compute the following liquidity, solvency a Inc. Current ratio Quick ratio Liabilities to equity ratio Total debt-to-equity ratio Times interest earned ratio (2017 only)