Select the appropriate reporting method for each of the items listed below. Selected financial data regarding current assets and current liabilities for Sussex's Line, a competitor in the cruise line industry, is provided: Required: 1. Calculate the current ratio and the acid-test ratio for Sussex's Line. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.) On August 1, 2024, Trico Technologies, an aeronautic electronics company, borrows $20.6 million cash to expand operations. The loan is made by Firstanc Corporation under a short-term line of credit arrangement. Trico signs a six-month, 6% promissory note. Interest is payable at maturity. Trico's year-end is December 31. Required: 1. to 3. Record the necessary entries in the Journal Entry Worksheet below for Trico Technologies. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not millions (i.e. 5.5 million should be entered as 5,500,000 ).)