ed Test Precision Tools 2021 Income Statement Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less: Taxes Net Income $36,408 28,225 1.760 6,423 510 5,913 2.070 $3.843 Precision Tools 2020 and 2021 Balance Sheets 2020 2021 2020 $ $ $ 2,060 1,003 Accounts 7,250 payable 3,411 4,218 2021 $ 8,384 Cash Accounts receivable Inventory 18.776 21.908 24,247 27.129 Net fixed assets 14,160 14,080 15,000 6,357 17,500 3.825 Total assets Common stock Retained earnings Total liability & equity 38,407 41.209 38,407 41.209 What is the networking capital to total assets ratio for 2021? What is the net working capital to total assets ratio for 2021? 45.49 percent 51.47 percent 36.82 percent 65.83 percent 24.18 percent