Problem 12-4a calculate risk ratios (lo12-3) the following income statement and balance sheets for virtual gaming systems are provided. virtual gaming systems income statement for the year ended december 31, 2021 net sales $ 3,086,000 cost of goods sold 1,960,000 gross profit 1,126,000 expenses: operating expenses $ 868,000 depreciation expense 32,000 loss on sale of land 9,000 interest expense 20,000 income tax expense 58,000 total expenses 987,000 net income $ 139,000 virtual gaming systems balance sheets december 31 2021 2020 assets current assets: cash $ 196,000 $ 154,000 accounts receivable 91,000 70,000 inventory 115,000 145,000 prepaid rent 13,000 7,200 long-term assets: investment in bonds 115,000 0 land 220,000 250,000 equipment 280,000 220,000 less: accumulated depreciation (84,000 ) (52,000 ) total assets $ 946,000 $ 794,200 liabilities and stockholders' equity current liabilities: accounts payable $ 76,000 $ 91,000 interest payable 8,000 4,000 income tax payable 20,000 15,000 long-term liabilities: notes payable 295,000 235,000 stockholders' equity: common stock 310,000 310,000 retained earnings 237,000 139,200 total liabilities and stockholders’ equity $ 946,000 $ 794,200 required: assuming that all sales were on account, calculate the following risk ratios for 2021. (use 365 days a year. round your final answers to 1 decimal place.)