The following financial information is for Cullumber Company Cullumber Company Balance Sheets December 31 Assets 2022 2021 Cash $137 200 5127.400 Debt investments (short-term) 107.000 78,400 Accounts receivable (net) 203.840 176,400 Inventory 450.800 323.400 Prepaid expenses 49,000 45,080 Land 254.800 254,800 Building and equipment (net) 509.600 362,600 Total assets 51713.040 $1.368,080 $333.200 $235,200 Liabilities and Stockholders' Equity Notes payable (current) Accounts payable Accrued liabilities 127 400 101.920 78.400 78.400 Bonds payable, due 2025 490.000 333.200 Common stock, 510 par 392.000 392,000 Retained earnings 292040 227,360 Total liabilities and stockholders' equity 51.713040 $1,368,080 Cullumber Company Income Statement For the Years Ended December 31 2022 2021 Net sales 51,728,720 51 548.400 Cost of goods sold 1.254.400 1.127.000 Gross proht 474,320 421.400 Operating expenses 372.400 327,320 Netcome $ 101.920 $94.00 Lur company Income Statement For the Years Ended December 31 2022 2021 Net sales $1,728.720 $1.548.400 Cost of goods sold 1.254.400 1.127.000 Gross profit 474,320 421.400 Operating expenses 372.400 327.320 Netincome $ 101.920 $94.080 Additional information: 1 2. Inventory at the beginning of 2021 was $225.400 Accounts receivable Inet) at the beginning of 2021 were $168.560 Total assets at the beginning of 2021 were 52.292.600 No common stock transactions occurred during 2021 2022 3 4 5. All sales were on credit (a) Indicate by using ratios, the change in liquidity and profitability of Cullumber Company from 2021 to 2022. Round Current turnover and Earnings pershore to 2 decimals es 165, and all other commento 1 decimal places 686) 2021 2022 LIQUIDITY Current ratio 1 1 Accounts receivable turnover times times Inventory turnover times PROFITABILITY Profit margin Asut turnover Return on act Earnings per a