You have been presented the following balance sheet information for High Life Limited: Account 2022 2021 Cash and Cash Equivalent $24,000,00 $23,200.00 Total Current Assets $31,000.00 $30,500.00 Total Assets $107,250.00 $98,000.00 Current Liabilities $41,000.00 $35,000.00 Total Debt $61,000.00 $52,000.00 Total Liabilities $85,000.00 $69,000.00 The balance sheet based accruals ratio of High Life Limited for 2022 is closest to: Select one: a. 2.00% b. 2.50% c. 3.00% O d. 4.00%