Kimmel, Accounting, 7e Help System Announcements Do It! Review 10-04 Sandhill Co. provides you with the following balance sheet information as of December 31, 2022. Current assets Long-term assets Total assets $14,360 31,800 $46,160 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $14,400 17,360 14,400 tota $46,160 In addition In addition, Sandhill reported net income for 2022 of $19,200, income tax expense of $3,840, and interest expense of $1,586. Elyour an Your answer is correct. Compute the current ratio and working capital for Sandhill for 2022. (Round current ratio to 2 decimal places, e.g. 2.75. Enter e.g. -45 or parentheses e.g. (45). Current ratio // // 1 Working capital LINK TO TEXT PLUS Kimmel, Accounting, Help System Announcements URCES Your answer is correct. 14 al Assume that at the end of 2022, Sandhill used $3,480 cash to pay off $3,480 of accounts payable. Compute the new ratios. (Round current ratio using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 04b a Current ratio 1 9 91 De .991 11 Working capital el 4 Study LINK TO TEXT x Your answer is incorrect. Compute the debt to assets ratio and the times interest earned for Sandhill for 2022. (Round answers to 2 decimal places, e.g. 2.75. Enter neg number e.g. -45 or parentheses e.g. (45).) * U * Debt to assets ratio 72% // / // / // // // / llllll // / / Times interest earned ratio times . // // // // Click if you would like to for this question: Open Show Work LINK TO TEXT