The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement. Balance Sheet Cash and short-term investments Accounts receivable Inventory Other current assets Total current assets Long-lived assets Total assets Current liabilities Total liabilities Shareholders' equity Total liabilities and equity Income Statement Sales Cost of sales Gross margin Operating expenses Earnings before interest and taxes Net income Interest paid in cash Taxes paid in cash 2022 $ 638,992 47,121 340,452 123,235 1,149,800 578,832 $ 1,728,632 $ 452,902 506,645 1,221,987 $ 1,728,632 $ 3,477,402 2,093,480 $ 1,383,922 981,084 $ 402,838 $ 240,108 88 142,809 2021 $ 753,044 41,110 383,514 125,820 1,303,488 635,482 $ 1,938,970 $ 429,401 520,186 1,418,784 $ 1,938,970 $ 3,120,865 1,983,471 $ 1,137,394 861,385 $ 276,009 $ 152,505 190 100,156 $ 543,671 94,739 86,392 $ 450,317 91,066 86,392 Cash FlowS Cash flow from operations Capital expenditures Dividends Required: Calculate the following liquidity ratios for Metro Eagle in 2021 and 2022: 1. Inventory turnover. 2. Current ratio. 3. Quick ratio. 4. Cash flow ratio. 2020 $ 742,693 38,321 309,208 100,188 1,190,410 581,802 $ 1,772,212 $ 395,837 419,541 1,352,671 $ 1,772,212 $ 2,946,894 1,771,143 $ 1,175,751 857,576 $ 318,175 $ 141,447 169 46,537 $ 388,416 77,504 83,966 Inventory Turnover 2022 2021 Numerator