Presented here are the comparative balance sheets of Hames Inc. at December 31, 2020 and 2019. Sales for the year ended December 31, 2020, totaled $1,700,000. HAMES INC. Balance Sheets December 31, 2020 and 2019 109,000 375,000 (195,000) 2820 Assets Cash Accounts receivable Merchandise inventory. Total current assets Land $ 63,000 285,000 261,000 $ 609,000 Plant and equipment Less: Accumulated depreciation Total assets $ 898,000 Liabilities Short-term debt Accounts payable Other accrued liabilities Long-term debt Total liabilities Total current liabilities Stockholders' Equity Common stock, no par, 200,000 shares authorized, 80,000 and 50,000 shares issued, respectively Retained earnings: Beginning balance Net income for the year Dividends for the year Ending balance Total stockholders' equity $ 54,000 168,000 68,000 $ 290,000 56,000 5 346,000 $ 224,000 $286,000 102,000 (60,000) $ 328,000 $ 552,000 Total liabilities and Stockholders' equity $ 898,000 2019 $ 57,000 266,000 247,008 $570,000 82,000 330,000 (180,000) $ 882,000 $ 51,000 144,000 54,000 $ 249,000 105,000 $354,000 $ 162,000 $217,000 84,000 (15,000) $286,000 $ 448,000 $802,000 Required: a. Calculate ROI for 2020. b. Calculate ROE for 2020. (Round your answer to 1 decimal place.) c. Calculate working capital at December 31, 2020. d. Calculate the current ratio at December 31, 2020. (Round your answer to 2 decimal places.) e. Calculate the acid-test ratio at December 31, 2020. (Round your answer to 2 decimal places.) f. Assume that on December 31, 2020, the treasurer of Hames decided to pay $50,000 of accounts payable. What impact, if any, this payment will have on the answers you calculated for parts a-d (increase, decrease, or no effect) g. Assume that instead of paying $50,000 of accounts payable on December 31, 2020. Hames collected $50,000 of accounts receivable. What impact, if any, this receipt will have on the answers you calculated for parts a-d (increase, decrease, or no effect).