Selected Income Statement Data for the year ending December $31,$ Year $7$:

Net sales

Cost of goods sold

Selling expenses

Operating income

Interest expense

Earnings before income taxes

Income tax expense

Net income

Selected Statement of Cash Flow Data for the year ending December $31.$ Year $7$:

Cash flows from operations

$$1,601,692$

Capital expenditures

$$745,862$

Wilmington Corporation's current ratio in Year $7$ was:

A$)1\mathrm{.}93$

B$)1\mathrm{.}48$

C$)0\mathrm{.}68$

D$)0\mathrm{.}90$

Wilmington Corporation's liabilities to equity ratio in Year $7$ was:

A$)0\mathrm{.}93$

B$)0\mathrm{.}52$

C$)1\mathrm{.}07$

D$)1\mathrm{.}53$

Wilmington Corporation's times interest earned ratio in Year $7$ was:

A$)18\mathrm{.}81$

B$)88\mathrm{.}44$

C$)11\mathrm{.}54$

D$)19\mathrm{.}81$

$18-20.$ For transactions $1-3$ below, enter the appropriate entries in the FSET below,