REVNIK COMPANY Statements of Income and Retained Earnings For the Years Ended December 31 2015 Revenues 300,000 280,000 Sales (net) Other revenues 9,400 6,400 Total revenues 309,400 286.400 Expenses 150,000 124,000 Cost of goods sold Selling, general, and administrative 62,000 57,000 Interest expense 10,100 9,300 Income tax expense 58,000 57,000 Total expenses 280,100 247,300 Net earnings (net income) 29.300 39.100 Retained earnings, January 1 103,000 71,000 Less: Preferred stock dividends 3,500 3,500 Common stock dividends 3,600 3,600 Retained earnings, December 31 125,200 103,000 Required Calculate the following ratios for 2015 and 2014. When data limitations prohibit computing averages, use year-end balances in your calculations. a. Working capital. 2014 Working capital b. Current ratio. (Round your answers to 2 decimal places.) 2015 2014 ratio