The comparative statement of financial position of Culver Corporation as at December 31, 2023, follows: Net income of $32,500 was reported and dividends of $12,700 were declared and paid in 2023 . New equipment was purchased, and equipment with a carrying value of $4,700 (cost of $11,700 and accumulated depreciation of $7,000 ) was sold for $8,000. (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, eg. 52.75. Show amounts that decrease cash flow with either a - sign eg. - 15, 000 in parenthesis es (15,000))