The financial statements of Euchre Company appear below: EUCHRE COMPANY Comparative Balance Sheet December 31, Assets Cash 2021 $ 25,000 2020 $ 40,000 Marketable securities 20,000 60,000 Accounts receivable (net) 50,000 30,000 Inventory 160,000 170,000 Property, plant and equipment (net) 170.000 200,000 Total assets $425,000 $500,000 Accounts payable Liabilities and stockholders' equity Short-term notes payable 45,000 $ 30,000 40,000 Bonds payable 75,000 Common stock 175,000 90,000 160,000 145,000 Retained earnings 90,000 75,000 Total liabilities and stockholders' equity. $425,000 $500,000 Net sales Cost of goods sold Gross profit Expenses Interest expense Selling expenses Administrative expenses Total expenses Income before income taxes Income tax expense Net income EUCHRE COMPANY Income Statement For the Year Ended December 31, 2021 $380,000 200,000 180,000 $25,000 30,000 20.000 75,000 105,000 35,000 $ 70,000 Additional information: a. Cash dividends of $17,500 were declared and paid in 2021. b. Weighted-average number of shares of common stock outstanding during 2021 was 35,000 C. shares. Market value of common stock on December 31, 2021, was $25 per share. d. Net cash provided by operating activities for 2021 was $65,000. Instructions Using the financial statements and additional information, compute the following ratios for the Euchre Company for 2021. Show all computations