The comparative statement of financial position of Concord Corporation as at December 31, 2023, follows: CONCORD CORPORATION Statement of Financial Position December 31 December 31 Assets 2023 2022 Cash $53,000 $1,400 Accounts receivable 90,000 88,700 Equipment 26,300 21,600 Less: Accumulated depreciation (9,300) (11,300) Total $160,000 $100,400 Liabilities and Shareholders' Equity Accounts payable $20,000 $10,000 Common shares 100,000 74,200 Retained earnings 40,000 16,200 Total $160,000 $100,400 Net income of $37,200 was reported and dividends of $13,400 were declared and paid in 2023. New equipment was purchased, and equipment with a carrying value of $4,300 (cost of $11,600 and accumulated depreciation of $7,300) was sold for $7,900. (a) Calculate the current ratio and debt to total assets ratio as at December 31, 2022 and 2023. Calculate the free cash flow for December 31, 2023. (Round answers to 2 decimal places, e.g. 52.75. Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) Current ratio Debt to total assets ratio Free cash flow, December 31, 2023 $ 2023 :1 % 2022 :1 %