Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2020, and from its March 31, 2020, balance sheet to complete the requirements. $29,830 21,411 Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold 51,241 15,180 Net income 19,266 Quick assets 88,260 Current assets 96,136 Total assets 120,376 Current liabilities 1,120 Total liabilities 1,120 Total equity 119,256 Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term?