The accounting department of your company has just delivered a draft of the current year's financial statements to you. The summary is as follows: Total Assets Total Liabilities Total Equity Net Income for the Year Beginning of the Year $550,000 210,000 340,000 21,000 End of the Year $589,000 217,000 372,000 97,300 21,000 Common Shares Outstanding You discovered that they have not adjusted for estimated bad debt expenses of $8,000. For each of the following ratios, calculate: 1. The ratio that would have resulted had the error not been discovered (i.e. the incorrect ratio). 2. The correct ratio. A B Incorrect: 1 2 ROA 3 ROE 4 Debt Ratio EPS 7 56589 10 D E Correct: