Income statement and balance sheet data for Virtual Gaming Systems are provided below. VIRTUAL GAMING SYSTEMS Income Statements For the years ended December 31 2022 2021 Net sales $3,560,000 $3,086,000 Cost of goods sold 2,490,000 1,960,000 Gross 1,070,000 1,126,000 profit Expenses : Operating 965,000 868,000 expenses Depreciation 40,000 32,000 expense Loss on sale 0 of land 9,000 Interest 23,000 20,000 expense Income tax 9,000 expense 58,000 Total 1,037,000 expenses 987,000 Net income $ 33,000 $ 139,000 VIRTUAL GAMING SYSTEMS Balance Sheets December 31 2022 2021 2020 Assets Current assets: Cash $ 216,000 $196,000 $154,000 Accounts receivable 90,000 91,000 70,000 Inventory 140,000 115,000 145,000 Prepaid rent 15,000 13,000 7.200 Long-term assets: Investment in bonds 115,000 115,000 0 Land 310,000 220,000 250,000 Equipment 310,000 280,000 220,000 Less: Accumulated (124,000) (84,000) (52,000) depreciation Total assets $1,072,000 $946,000 $794,200 Liabilities and Stockholders Equity Current liabilities: Accounts payable $ 161,000 $ 76,000 $ 91,000 Interest payable 12,000 8,000 4,000 Income tax payable 13,000 20,000 15,000 Long-term liabilities: Notes payable 450,000 295,000 235,000 Stockholders' equity. Common stock 310,000 310,000 310,000 Retained earnings 126,000 237,000 139,200 Total liabilities and stockholders' equity $1,072,000 $946,000 $794,200 Required: 1. Calculate the following risk ratios for 2021 and 2022: (Round your answers to 1 decimal place.) Receivables turnover ratio Inventory turnover ratio Current ratio Debt to equity ratio 2021 times times 3.4 to 1 % 2022 times times 3.4 to 1 %