The comparative statement of financial position of Pronghorn Corporation as at December 31, 2020, follows: PRONGHORN CORPORATION Statement of Financial Position December 31 December 31 Assets 2019 2020 52,500 1,900 Cash Accounts receivable 89,300 87,500 26,700 21,500 Equipment Less: Accumulated depreciation (8,500) (11,600 Total $160,000 $ 99,300 Liabilities and Shareholders' Equity 20,000 $ 10,000 Accounts payable Common shares 100,000 74,700 Retained earnings 14,600 40,000 $160,000 $99,300 Total Net income of $37,900 was reported and dividends of $12,500 were declared and paid in 2020. New equipment was purchased, and equipment with a carrying value of $4,400 (cost of $11,800 and accumulated depreciation of $7,400) was sold for $7,600. (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 31,202O. (Round answers to 2 decimal places, e.g. 52.75.) 2020 2019 Current Ratio :1 :1 Debt to total assets ratio % %