The following financial information is for sunland company. SUNLAND COMPANY Balance Sheets December 31 Assets 2017 2016Cash $69,000 $69,000Debt investments (short-term) 53,000 41,000Accounts receivable 103,000 92,000Inventory 239,000 164,000Prepaid expenses 25,000 29,000Land 132,000 132,000Building and equipment (net) 263,000 188,000Total assets $884,000 $715,000Liabilities and Stockholder?s Equity Notes payable $170,000 $101,000Accounts payable 66,000 54,000Accrued liabilities 42,000 42,000Bonds payable, due 2020 251,000 170,000Common stock, $10 par 205,000 205,000Retained earnings 150,000 143,000Total liabilities and stockholders' equity $884,000 $715,000SUNLAND COMPANY Income Statements for the Years Ended December 31 2017 2016Sales revenue $890,000 $791,000Cost of goods sold 643,000 576,000Gross profit 247,000 215,000Operating expenses 190,000 160,000Net income $57,000 $55,000Additional information:1. Inventory at the beginning of 2019 was $115,000. 2. Accounts receivable (net) at the beginning of 2019 were $90,000. 3. Total assets at the beginning of 2019 were $631,000. 4. No common stock transactions occurred during 2019 or 2020. 5. All sales were on account. Requried:Compute the liquidity and profitability ratios of Sunland Company for 2016 and 2017.