Use the balance sheets of Glover shown below to calculate the following ratios for Year 2 (round to the hundredths): (a) Current ratio. (b) Acid-test ratio. (c) Debt ratio. (d) Equity ratio. Glover Company Balance Sheets For the years ended December 31 Year 2 Year 1 Assets: Cash $43,000 $22,000 Accounts receivable 38,000 42,000 Merchandise inventory 61,000 52,000 Prepaid insurance 6,000 9,000 Long-term investments 49,000 20,000 Plant assets (net) 218,000 218,000 Total assets $415,000 $363,000 Liabil