Tvatinias Ivedical Comparative Balance Sheet As of December 31 2020 Assets Current assets Cash Accounts receivable, net Inventory Liabilities and Stockholders' Equity Current liabilities Long-term debt Total liabilities Preferred stock, $5 par value Common stock, \$0.25 par value Retained earnings Question 3 of 5 Matthias Medical Comparative Income Statement and Statement of Retained Earnings For the Year Sales revenue (all on account) 20202019 Cost of goods sold Gross profit $10,177,200$9,613,900 Operating expenses Net operating income 4,765,4005,411,8004,315,2005,298,700 Interest expense Net income before taxes 1,865,5002,899,9001,681,1002,634,100 Income taxes (30\%) Net income Dividends paid 1,565,200300,3001,372,500308,600 Preferred dividends $1,095,640469,560$960,750411,750 Common dividends Total dividends paid Net income retained 29,45029,450 Calculate the following liquidity ratios for 2020 . If working copital is negative then enter with a negative sign preceding the number or porentheses, e.8.15,000 or (15,000). Round all answers except working capital to 2 decimal places, e.8. 2.55.) a. Working capital b. Currentratio c. Acid-testratio d. Accounts recelvable turnover times