The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc. Account Title Cash Accounts receivable Inventory Prepaid insurance Equipment Accumulated depreciation Patent (net) Accounts payable Interest payable Notes payable (due in 10 years) Common stock Retained earnings Totals Debits Credits $ 68,000 52,000 58,000 28,000 120,000 $ 47,000 53,000 18,500 8,500 140,000 83,000 82,000 $379,000 $379,000 a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio. Current Ratio Numerator 11 Denominator a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio. Current Ratio Numerator II Denominator = Acid-Test Ratio Numerator = = Denominator Debt to Equity Ratio Numerator 11 II Denominator