The comparative statement of financial position of Grouper Corporation as at December 31, 2020, follows: GROUPER CORPORATION Statement of Financial Position December 31 December 31 Assets 2020 2019 Cash $ 53,000 $ 5,000 Accounts receivable 90,000 87,100 Equipment 27.600 21,700 Less: Accumulated depreciation Total Liabilities and Shareholders' Equity (10,600) (11,700 ) $ 160,000 $ 102,100 Liabilities and Shareholders' Equity Accounts payable Common shares Retained earnings Total $ 20,000 $ 10,000 100,000 76,000 40,000 16,100 $ 160,000 $ 102,100 Net income of $36,700 was reported and dividends of $12.800 were declared and paid in 2020. New equipment was purchased, and equipment with a carrying value of $4,900 (cost of $11.500 and accumulated depreciation of $6,600) was sold for $7,800. (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. (Round answers to 2 decimal places, e.g. 52.75.) 2020 2019 Current Ratio Debt to total assets ratio 2020 Free cash flow, December 31, 2020 $ :1 % 2019 :1 96