Using the income statement and balance sheet given, please calculate the fourth quarter and year ratios You must show your calculations to receive credit. Qtr. 4 Year Current ratio 2.42 Acid test ratio Accounts payable days Average collection period Inventory days Fixed asset turnover Total asset turnover | Debt-equity Times interest earned Gross profit margin Net profit margin Return on assets Return on equity Show calculations here. Use back if needed Qtr. 2 Qtr. 3 Qtr. 1 17,262 13,134 4,128 2,808 23,799 18,132 23,595 Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Earnings before taxes Provision for income taxes 18,099 5,667 Total 85,362 64,632 20,730 13,449 5,496 3,330 3,558 Qtr. 4 20,706 15,267 5,439 3,753 1,686 150 - 1,536 849, 1,320 108 1,212 603 7,281 2,337 129 2,208 1,101 1,107 1,938 87 1,851 921 930 Net income 474 6,807 3,474 3,333 609 Qtr. 1 1,983 9,882 18,165 Qtr. 4 1,677 11,754 20,133 24 87 3,807 Cash Accounts recivables Inventory Other Total current assets Net fixed assets Other assets Total Notes payable Accounts payable Other Total current liabilities Long-term debt Equity Total 30.054 1,635 1,272 32,961 1,002 8,601 2,649 12,252 5,628 15,081 32,961 Qtr. 2 Qtr. 3 1,488 1,353 12,165 11,895 19,104 18,936 51 32,80832,271 1,911 1,953 1,248 1,203 35,967 35,427 2,334 1,641 9,666 8,649 2,274 2,922 14,274 13,212 5.499 5.091 5,091 16,194 17,124 35,967 35,427 33,624 2,028 1,203 36,855 1,563 8,550 3,774 13,887 5,157 17,811 36,855