The following income statement and balance sheets for The Athletic Attic are provided. THE ATHLETIC ATTIC Income Statement For the year ended December 31, 2021 Net sales $8,860, eee Cost of goods sold 5.430. Gross profit 3,438, eee Expenses: Operating expenses $1,580, eee Depreciation expense 206, eee Interest expense 46.ece Income tax expense 356,eee Total expenses 2.188,888 Net income $1,242, eee THE ATHLETIC ATTIC Balance Sheets December 31 2021 2820 $ 160.000 $ 210.000 77e.eeeee 79e eee 1,385, eee 1.055.ee 106, eee 81, eee 1,139, eee (412.eee) $3,139, eee 1,130, eee (286.eee) $3,060, eee Assets Current assets: Cash Accounts receivable Inventory Supplies Long-term assets: Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Connon stock Retained earnings Total liabilities and stockholders' equity $ 111,00 $ 87.ee 4.600 30, 600 38, 560, eee 560,000 660, eee 1,770,eee $3,139, eee 660, eee 1,717,882 $3,860, eee Required: Assuming that all sales were on account, calculate the following risk ratios for 2021. (Use 365 days a year. Round your intermediate and final answers to 1 decimal place.) times days times Risk Ratios 1. Receivables turnover ratio 2. Average collection period 3. Inventory turnover ratio 4. Average days in inventory 5. Current ratio 6. Acid-test ratio 7. Debt to equity ratio 8. Times interest earned ratio days to 1 to 1 % times