The following financial information is expected from the 2012 annual report of Sawason Inc. a. Current assets Property and equipment .net Intangible assets at cost less applicable amortization Current liabilities Deferred federal income taxes Mortgage equity Stockholders equity 2012 $2,731,020 10,960,286 294,775 $13,986,081 For each year compute : 1- Interest coverage ratio 2- Liabilities to assets ratio 3- Liabilities to shareholders ratio 4- Debt to tangible net worth ratio $3,168,123 160,000 456,000 Net sales Cost of goods sold Selling and administrative expense Interest expense Income tax expense Net income Note :Capitalized interest totaled $35,000 in 2012 and $25,000 in 2011. Required: 10,201,958 $13,986,081 $33,410,599 (30,168,715) (2,000,000) (216,936) (400,000) $624,948 2011 $2,364,916 8,516,833 255,919 $11,137,668 $2,210,735 26,000 8,900,933 $11,137,668 $25,804,285 (23,159,745) (1,500,000) (39,456) (300,000) $805,084