Problem: Module 4 Textbook Problem 6 Learning Objectives: - 4-2 Colculote ratios for assessing o compony's liquidity - 4-3 Colculate rotios for assessing a compony's solvency The December 31, Year 4, balance sheet for Walton Corporation is presented here. These are the only accounts on Waiton's ballance sheet. Amounts indicated by question maks ( ) can be calculated using the following additionalieiformation. Required - Compute the balance in trade accounts payable as of December 31, Year 4 b. Compute the balance in retained earnings as of December 3t, Year 4 . c. Compute the batance in the inventory account as or December 31 , Year 4 (Assume that the ievef of inventory did not change from last yer)