[The following information applies to the questions displayed below.] Income statement and balance sheet data for The Athletic Attic are provided below. THE ATHLETIC ATTIC Income Statements For the years ended December 31 \begin{tabular}{|rrr|} & \multicolumn{1}{c}{2022} & \multicolumn{1}{c}{2021} \\ Net sales & $11 , 100 , 000 & $9 , 550 , 000 \\ Cost of goods sold & 7 , 250 , 000 & 5 , 900 , 000 \\ Gross profit & 3 , 850 , 000 & 3 , 650 , 000 \\ Expenses: & & \\ Operating expenses & 1 , 650 , 000 & 1 , 600 , 000 \\ Depreciation expense & 200,000 & 200,000 \\ Interest expense & 45,000 & 45,000 \\ Income tax expense & 460,000 & 400,000 \\ Total expenses & 2 , 355 , 000 & 2 , 245 , 000 \\ Net income & $1 , 495 , 000 & $1 , 405 , 000 \\ \hline \end{tabular} THE ATHLETIC ATTIC Balance Sheets December 31 Assets Current assets: Cash Accountsreceivable Inventory Supplies ? $230 , 000 995 , 000 1 , 730 , 000 135 , 000 ? $159 , 000 745 , 000 1 , 360 , 000 105 , 000 ? $214 , 000 765 , 000 1 , 030 , 000 80 , 000 ? Long-term assets: Equipment 1 , 300 , 000 1 , 300 , 000 1 , 300 , 000 Less: Accumulated depreciation ( 650 , 000 ) ( 450 , 000 ) ( 250 , 000 ) Total assets $3 , 740 , 000 $3 , 219 , 000 $3 , 139 , 000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity Required: 1. Calculate the following risk ratios for 2021 and 2022 : (Round your answers to 1 decimal place.) 2. Calculate the following profitability ratios for 2021 and 2022: (Round your answers to 1 decimal place.)