The financial statements for Castile Products, Inc., are given below. Castile Products, Inc. Balance Sheet December 31 Assets Current assets: Cash Accounts receivable, net Merchandise inventory Prepaid expenses Total current assets Property and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities: Current liabilities Bonds payable, 10% Total liabilities Stockholders' equity: Common stock, $10 par value Retained earnings Total stockholders' equity $ 22,000 230,000 390,000 11,000 653,000 840,000 $1,493,000 $ 210,000 390,000 600,000 $ 140,000 753,000 893,000 2 of 4 I N For the Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense Net income before taxes Income taxes (36X) Net income $3,300,000 1,500,000 1,800,000 570,000 1.230.000 39,000 1,191,000 357,300 $ 833,700 Account balances at the beginning of the year were: accounts receivable, $210,000, and inventory, $360,000. All sales were on account Required: Compute the following financial data and ratios: 1. Working capital 2. Current ratio. (Round your answer to 1 decimal place.) 3. Acid-test ratio. (Round your answer to 2 decimal places.) 4. Debt-to-equity ratio. (Round your answer to 2 decimal places.)