The following financial information is for Crane Company. CRANE COMPANY Balance Sheets December 31 Assets 2022 2021 Cash $ 70,290 $ 69,840 Debt investments (short-term) 50,000 41,000 Accounts receivable 107,000 92,000 Inventory 234,000 162,000 Prepaid expenses 29,000 23,000 Land 135,000 135,000 Building and equipment (net) 261,000 187,000 Total assets $886,290 $709,840 Liabilities and Stockholders' Equity Notes payable $173,774 $106.000 Accounts payable 66,000 54.000 Accrued liabilities 42,000 42,000 Bonds payable, due 2025 250,000 171.000 Common stock, $10 par 203,000 203,000 Retained earnings 151.516 133,840 Total liabilities and stockholders' equity $886,290 $709,840 CRANE COMPANY Income Statements For the Years Ended December 31 2022 2021 Sales revenue $905,450 $792,000 Cost of goods sold 653,400 569,900 Gross profit 252,050 222,100 Operating expenses 197,723 160,324 Net income $ 54,327 $ 61,776 Additional information: 1. Inventory at the beginning of 2021 was $116,000. 2. Accounts receivable (net) at the beginning of 2021 were $88.000. Additional information: 1. Inventory at the beginning of 2021 was $116,000. 2. Accounts receivable (net) at the beginning of 2021 were $88,000. 3. Total assets at the beginning of 2021 were $642,000. 4. No common stock transactions occurred during 2021 or 2022. 5. All sales were on account. Compute the liquidity and profitability ratios of Crane Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 1.8%. If % change is a decrease show the numbers as negative, e.g. -1.83% or (1.83%).) 2022 2021 LIQUIDITY % Current ratio :1 :1 Accounts receivables turnover times times Inventory turnover times times