Statement of Financialrostion Assets \begin{tabular}{rrrr} December 31, 2020 & December 31, 2021 \\ & & & \\ $ & 100,000 & $ & 80,000 \\ 200,000 & & 240,000 \\ 240,000 & & 140,000 \\ \hline 540,000 & & 460,000 \\ 800,000 & & 840,000 \\ \hline 1,340,000 & $ & 1,300,000 \\ \hline \hline \end{tabular} Liabilities and sharehol Current liabilities Accounts payable Notes payable Total current liabilities Long-term debt Shareholders' equity Common shares Retained earnings Total shareholders' e Total liabilities and shareholders' equity \begin{tabular}{rrrr} $ & 100,000 & $ & 140,000 \\ 80,000 & 60,000 \\ \hline & 180,000 & & 200,000 \\ 260,000 & & 180,000 \\ & & & \\ & 200,000 & & 200,000 \\ 700,000 & & 720,000 \\ \hline 900,000 & & 920,000 \\ \hline & 1,340,000 & $ & 1,300,000 \\ \hline \hline \end{tabular} Statement of Comprehensive Income For the year ended December 31,2021 a. You would like to evaluate the ability of the company to sell inventory in a timely manner. Choose and calculate the most relevant ratio for year 2021. Show your work. b. You would like to understand how much profit the company was generating based its assets. Choose and calculate the most relevant ratio for year 2021. Show your work. c. You would like to evaluate the company's liquidity, assuming that it cannot sell any of its inventory. Choose and calculate the most relevant ratio for year 2021. Show your work