Question 49 13 points) Lasko Trial Balance as of 12/31/19 Unearned Revenue Supplies Sales Salaries Retained Earnings Rent Expense Prepaid Insurance Insurance Expense Office equipment Notes Payable Dividends Paid Cost of Goods Sold Cash Capital Stock Additional Paid in Capital Accounts Receivable Allowance for Bad Debts Accumulated Depreciation Depreciation expense 21,000 12,500 137,000 22,000 29,000 9,000 6,000 4,500 52,000 42,000 5,000 63,000 71,000 4,500 71,000 73,400 2,700 16,000 4,800 Using the Lasko Trial Balance as given above and that Lasko had a gross profit ratio (gross margin ratio) for 2018 of 63%, you can determine that for Lasko which of the following is true? 1) Their ability to generate profit from sales is worse in 2019 than in 2018 2) Their ability to generate profit from sales is better in 2019 than in 2018 3) Their ability to generate profit from sales is unchanged in 2019 compared to 2018 4) Can't determine the gross profit ratio (gross margin ratio)in 2019 - not enough information