RWP$9-6$ Financial information for Buckle is presented in Appendix B at the end of the book.Required:$1.$ Calculate the current ratio for the past $2$ years. Did the current ratio improve or weaken in the more recent year?$2.$ Calculate the acid$-$test $($quick$)$ ratio for the past $2$ years. Did the acid$-$test ratio improve or weaken in the more recent year?$3.$ If Buckle purchased $$50$ million of inventory by debiting Inventory and crediting Accounts Payable, how would its current ratio and acid$-$test ration change? Show your calculations$\mathrm{.}4.$ Review the balance sheet and note F to the financial statements. Based on this information, how would you rate the bankruptcy risk of Buckle?