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 $ 644,992 47,721 346,452 116,635 1,155,800 575,832 $ 1,731,632 $ 467,902 509, 045 1,222,587 $ 1,731,632 2021 $ 759,044 41,710 395,514 119,220 1,315,488 626,482 $ 1,941,970 $ 447,401 521,986 1,419,984 $ 1,941,970 2020 $ 748,693 39,521 315,208 98,988 1,202,410 572,802 $ 1,775,212 $ 401,837 421, 341 1,353,871 $ 1,775,212 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 $ 3,478,602 2,099,480 $ 1,379, 122 975,684 $ 403,438 $ 246, 108 94 143,409 $ 3, 121,465 1,989,471 $ 1,131,994 855,385 $ 276,609 $ 153, 105 196 100,456 $ 2,948,094 1,777, 143 $ 1,170,951 852,176 $ 318,775 $ 142,047 175 47,137 $ 576,671 95,339 86,992 $ 489,317 92,266 86,992 $ 394,416 78,704 84,566 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