The following is the balance sheet and income statement for Metro Eagle Outfitters, in condensed form, plus some information from the cash flow statement. 2022 $ 632,992 46,521 334,452 129,835 1,143,800 581,832 $ 1,725,632 $ 437,902 504,245 1,221,387 $ 1,725,632 2021 $ 747,044 40,510 371,514 132, 420 1,291,488 644,482 $ 1,935,970 $ 411,401 518, 386 1,417,584 $ 1,935,970 2020 $ 736,693 37, 121 303, 208 101,388 1,178,410 590, 802 $ 1,769,212 $ 389,837 417,741 1,351,471 $ 1,769,212 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 Cash Flows Cash flow from operations Capital expenditures Dividends $ 3,476,202 2,087,480 $ 1,388,722 986,484 $ 402,238 $ 234, 108 82 142,209 $ 3, 120, 265 1,977,471 $ 1, 142,794 867,385 $ 275, 409 $ 151,905 184 99,856 $ 2,945, 694 1,765, 143 $ 1,180,551 862,976 $ 317,575 $ 140, 847 163 45,937 $ 510,671 94,139 85,792 $ 411,317 89,866 85,792 $ 382,416 76,304 83,366 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. Inventory Turnover 2022 2021 Numerator Denominator Current Ratio 2022 2021 Numerator Denominator Quick Ratio 2022 2021 Numerator Denominator Cash Flow Ratio 2022 2021 Numerator Denominator