Blossom Company provides you with the following balance sheet information as of December 31, 2022. Current...

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Blossom Company provides you with the following balance sheet information as of December 31, 2022. Current assets $11,400 Current liabilities $12,500 Long-term assets 25,000 Long-term liabilities 11,400 Stockholders' equity 12.500 Total assets $36,400 Total liabilities and stockholders' equity $36,400 In addition, Blossom reported net income for 2022 of $16,450, income tax expense of $3,290, and interest expense of $1,050. (a) Compute the current ratio and working capital for Blossom for 2022. (Round ratio to 2 decimal places, eg. 2.75:1. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es. (45).) Current ratio Working capital 1 C Blossom Company provides you with the following balance sheet information as of December 31, 2022. Current assets $11,400 Current liabilities $12,500 Long-term assets 25,000 Long-term liabilities 11,400 Stockholders' equity 12.500 Total assets $36,400 Total liabilities and stockholders' equity $36,400 In addition, Blossom reported net income for 2022 of $16,450, income tax expense of $3,290, and interest expense of $1,050. (a) Compute the current ratio and working capital for Blossom for 2022. (Round ratio to 2 decimal places, eg. 2.75:1. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es. (45).) Current ratio Working capital 1 C