The comparative statement of financial position of Bramble Corporation as at December 31, 2020, follows:

BRAMBLE CORPORATION Statement of Financial Position December 31
		December 31
Assets		2020			2019
Cash		$	53,000		$	4,200
Accounts receivable			89,400			87,500
Equipment			26,500			21,000
Less: Accumulated depreciation			(8,900	)		(10,700	)
Total		$	160,000		$	102,000
Liabilities and Shareholders Equity
Accounts payable		$	20,000		$	10,000
Common shares			100,000			75,600
Retained earnings			40,000			16,400
Total		$	160,000		$	102,000

Net income of $36,300 was reported and dividends of $12,700 were declared and paid in 2020. New equipment was purchased, and equipment with a carrying value of $4,800 (cost of $11,700 and accumulated depreciation of $6,900) was sold for $8,200. (a) Calculate the current ratio and debt to total assets ratio as at December 31, 2019 and 2020. Calculate the free cash flow for December 31, 2020.