Please include detailed explanations on how you got the numbers if the number is not specified on the question itself.

Ex) Current ratio = current assets / current liabilities

Current assets = cash + short-term liabilities + ... = $21,000 + $32,000 ...

Current liabilities = $247,000

I read the other solution posted on chegg but it lacks explanation and it's hard to grasp. Thank you so much for your help and have a great day!

E12-22A. (Learning Objective 4: Analyzing the ability to pay current liabilities) Barney 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 20X6. To answer this question, compute the following ratios for 20X6 and 20X5: a. Current ratio c. Debt ratio b. Acid-test ratio d. Times-interest-earned ratio Summarize the results of your analysis in a written report. 20X6 20X5 Cash Short-term investments.. Net receivables.. Inventory...... Prepaid expenses Total assets....... Total current liabilities Long-term debt Income from operations $ 21,000 32,000 117,000 243,000 18,000 500,000 247,000 27,000 191,000 39,000 $ 53,000 15,000 127,000 272,000 4,000 531,000 312,000 134,000 160,000 45,000 Interest expense