Consolidated Statements of Financial Position (millions of dollars) Assets Cash and cash equivalents Inventory Other current assets Total current assets Property and equipment Land Buildings and improvements Fixtures and equipment Accumulated depreciation and amortization on fixtures and equipment financed Operating lease assets Amortization on operating leases Other noncurrent assets Total assets Liabilities and shareholders' investment Accounts payable Accrued Interest and other current liabilities Current portion of operating lease liabilities Current portion of long-term debt and other borrc Total current liabilities Long-term debt, financing leases, and other borr Noncurrent operating lease liabilities Deferred income taxes Other noncurrent liabilities Total noncurrent liabilities Shareholders' investment Common stock Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total shareholders' investment Total liabilities and shareholders' investment Before Event Dec 31, 2022 S $ $ $ 6,164 32,385 10,169 5,911 13,902 1,760 21,573 Current Ratio 0.992 (21,137) 7,556 (4,400) 1,501 53,811 15,478 6,098 71 100 21,747 13,549 2,493 1,566 1,629 19,237 39 6,421 6,920 Before Event Economic Event (enter Ratios increase as "+" and decrease (553) 12,827 53,811 Debt to Equity 3.20 Debt to Assets 76.2% After Event 31-Dec-23 5,911 13,902 1,760 21,573 Current Ratio 0.992 6,164 32,385 10,169 (21,137) 7,556 (4,400) 1,501 53,811 15,478 6,098 71 100 21,747 13,549 2,493 1,566 1,629 19,237 39 6,421 6,920 After Event Ratios (553) 12,827 53,811 Debt to Equity 3.20 Debt to Assets 76.2% Economic Events BBR pays its 4th quarter estimated tax due to the federal government on December 15, 2023. The amount is $400. Record the payment. Questions: Blank 1 - The current ratio was .992 before these two economic events. What is the current ratio after these events? Blank 2 - The profit margin was 6.6% before these economic events. What is the profit margin immediately after these events? Blank 3 - The Debt to Equity ratio was 3.2 before these economic events. What is the debt to equity ratio after these economic event? Points to remember: All of the income statement closes to Retained Earnings. Consider the effect on Retained Earnings to your transactions.