Sandhill Co. provides you with the following balance sheet information as of December 31, 2022. Current assets $11.270 Current liabilities $11.760 Long-term assets 25.970 Long-term liabilities 13,720 Total assets $37,240 Stockholders' equity 11.760 Total liabilities and stockholders' equity $37.240 In addition, Sandhill reported net income for 2022 of $15,680, income tax expense of $3,136, and interest expense of 51.274. (a) Your answer is correct Compute the current ratio and working capital for Sandhill for 2022. (Round current ratio to 2 decimal places, es 275. Enter negative amounts using either a negative sign preceding the numberes.-45 or parentheses es (451) Current ratio 96 :1 Working capital $ (b) Assume that at the end of 2022. Sandhill used $2.940 cath to pay off $2.940 of accounts payable. Compute the new ratios. (Round current ratio to 2 decimal places, 6.3. 275. Enter negative amounts using either a negative sign preceding the number 4,5 -45 or parentheses es (451) Current ratio Working capital 5 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Aniseer