The comparative statement of financial position of Pronghorn Corporation as at December 31, 2020, follows: PRONGHORN CORPORATION Statement of Financial Position December 31 Assets Cash Accounts receivable Equipment Less: Accumulated depreciation Total Liabilities and Shareholders' Equity Accounts payable Common shares Retained earnings Total December 31 2020 $ 52,500 89,300 26,700 (8,500) $ 160,000 2019 $ 1,900 87,500 21,500 (11,600) $ 99,300 $ 20,000 100,000 40,000 $ 160,000 $ 10,000 74,700 14,600 $ 99,300 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, 2020. (Round answers to 2 decimal places, e.g. 52.75.) 2020 2019 Current Ratio :1 :1 Debt to total assets ratio % Free cash flow, December 31, 2020 $