2) please calculate all the ration mentioned in the lecture for following company MGC Corp's Balance Sheet Cash Notes Payable Marketable Securities long term investment 50,000 105,000 75,000 235,000 31-Dec-19 Income Statement 43,830 Project Revenue 735,000 COGS 311,000 Accounts Receivable 21,000 Gross Profit 424,000 Accumulated Depreciation-Plant and equipment 210,000 Inventory 350,000 Operating exp Accounts Payable 185,000 Admin & Selling Exp 325,751 Plant and equipment 730,000 Net profit before Interest and tax 98,249 Shareholder's Capital (common share and preferred shar 370,000 Long-term loan payable---10 years 250,000 Interest Expense Retained Earnings 341,000 Earning before tax 12,362 85,887 Required: Taxes 1) re-arrange the accounts following the right balance sheet format 2) Calculate the 10 ratios based on the lecture formulas 15,315 Earning after tax 70,572