E13-22A. (Learning Objective 6: Analyze the ability to pay liabilities) LA Furniture Company has requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2014. To answer this question, compute the following ratios for 2014 and 2013 a. Working capital b. Current ratio c. Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Use Exhibit 13-8as a model Round your answers to two decimal places Summarize the results of your analysis n a short paragraph 2014 51,000 S 47,000 28,000 27,000 14,000126,00 236,000 265,000 22,000 00 18,000 535,000 Prepaid expenses Total current lia bilities Loeg term debe Income from operations 224,000 262,000 $7,000 Income from operatio 261,000 150,000 41,00042,000