Some recent financial statements for Smolira Golf Corp. follow. Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 25,700 Accounts payable $ 24,784 16,800 Notes payable 13.000 28,700 Other 13,171 $ 24,206 14,048 27,622 $ 28,700 12,400 15,900 Total $ 65,876 $ 71,200 Total $50,955 $ 57,000 Long-term debt $ 85,000 $ 95,455 Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 40,000 40000 $ 40,000 230,616 240,545 Fixed assets Net plant and equipment $340,695 $361,800 Total $270,616 $280,545 Total assets $ 406,571 $433,000 Total liabilities and owners' equity $406,571 $433,000 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $369,230 260,500 47,350 Earnings before interest and taxes Interest paid $ 61,380 15,900 Taxable income Taxes (21%) $ 45,480 9,551 Net income $ 35,929 Dividends Retained earnings $26,000 9,929 Find the following financial ratios for Smolira Golf Corp. (use year-end figures rather than average values where appropriate): (Enter your profitability ratio answers as a percent rounded to 2 decimal places, e.g., 32.16. Round the remaining answers to 2 decimal places, e.g., 32.16.) 2017 2018 times times Short-term solvency ratios: Current ratio b. Quick ratio C. Cash ratio times times times times