Sunland Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and inc statement for 2019 and 2020 follow. Assets Current assets Cash Accounts receivable, net Inventory Other current assets Total current assets Property, plant, & equipment, net Total assets Sunland Medical Comparative Balance Sheet As of December 31 Liabilities and Stockholders' Equity Current liabilities Long-term debt 2020 $390,000 1,079,000 729,000 381,400 2,579,400 8,659,740 $11,239,140 $3,178,000 3,702,700 2019 $417,450 776,450 681,100 247,100 2,122,100 8,439,815 $10,561,915 $2,846,050 3,892,600

Sunland Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and in statement for 2019 and 2020 follow. Netoperatingincome1,725,0501,681,050 Interest expense Net income before taxes 1,424,750300,3001,372,450308,600 Income taxes (30%) Net income Dividends paid Preferred dividends Common dividends Total dividends paid Net income retained Retained earnings, beginning of year Retained earnings, end of year $4,194,9403,660,515$3,660,5153,142,350 Calculate the following liquidity ratios for 2020 , (ff woridng capital is negative then enter with a negative slgn preceding the number or parentheses, es -15,000 or (15,000). Round all answers except working capital to 2 decimal places, eg. 2.55. a. Working capital b. Current ratio c. Acid-test ratio d. Accounts receivable turnover times