This answer is for a question I will rewrite it at a paper. Please don't use excel and go step by step

Digger Company. Digger's condensed and adapted balance sheet at December 31, 2015, follows: Total current assets.. Properties, plant, equipment, and other assets.. (In millions) $15.2 15.8 $31.0 $ 8.6 5.8 16.6 $31.0 Total current liabilities. Total long-term liabilities. Total shareholders' equity. Assume that during of the following year. 2016. Digger completed the following transactions a. Earned revenue of $2.7 million, on account. b. Borrowed $7.0 million on long-term debt. c. Paid half of the current liabilities. d. Paid selling expense of $0.6 million. e. Accrued general expense of $0.7 million. Credit General Expense Pavable, a current liability f. Purchased equipment for $4.2 million, paving cash of $1.7 million and signing a long-term nate payable for $2.5 million. g. Recorded depreciation expense of $0.3 million. Compute Digger's current ratio, net working capital and debt ratio at December 31, 2015. Make the adjusting entries for year 2016 transactions. Construct Income Statement, Retained Earning Statement and Balance Sheet at December 31, 2016. Compute Digger's current ratio, net working capital and debt ratio at December 31, 2016. Did the net working capital. current ratio and debt ratio improve or deteriorate during 2016? (Show your solution step by step) (70 Points)