Sheridan Company has these comparative balance sheet data: Sheridan Company Balance Sheets December 31 Cash 2022 2021 $ 16,000 $ 29,000 Accounts receivable 71,000 61,000 (net) Inventory 61,000 51,000 Plant assets (net) 200,000 176,000 $348,000 $317,000 Accounts payable $50,000 $59,400 Bonds payable (15%) 106,000 106,000 Common stock, $10 par 143,000 115,000 Retained earnings 49,000 36,600 $348,000 $317,000 Additional information for 2022: 1 Net income was $25,200. 2 Sales on account were $415,300. Sales returns and allowances amounted to $25,200. | 3 Cost of goods sold was $196,000. 4 Net cash provided by operating activities was $44,400. 5 Capital expenditures were $26,200, and cash dividends paid were $8,900. 6 The bonds payable are due in 2035. Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal places, e.g. 1.67. Round Accounts receivable turnover, Average collection period, Inventory turnover and Days in inventory to 1 decimal place, e.g. 1.6.)