The 2021 balance sheet for Hallbrook Industries, Inc., is shown below. HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash $ 220 Short-term investments 170 Accounts receivable 220 Inventory 390 Property, plant, and equipment (net) 1,200 Total assets $2,200 Liabilities and Shareholders' Equity Current liabilities $ 420 Long-term liabilities 370 Paid-in capital 850 Retained earnings 560 Total liabilities and $2,200 shareholders' equity The company's 2021 Income statement reported the following amounts ($ in thousands $4,800 60 Net sales Interest expense Income tax expense Net income 120 180 Required: 1. Calculate the current ratio. (Round your answer to 2 decimal places.) 2. Calculate the acid-test ratio. (Round your answer to 3 decimal places.) 3. Calculate the debt to equity ratio. (Round your answer to 2 decimal places.) 4. Calculate the times Interest earned ratio. (Round your answer to 1 decimal place.) 1. Current ratio 2. Acid-test ratio 3. Debt to equity ratio Times interest earned 4. ratio times