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1 1 point The account balances for Blue Corporation are listed below. All balances are as of December 31, 2022, except where noted otherwise.

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1 1 point The account balances for Blue Corporation are listed below. All balances are as of December 31, 2022, except where noted otherwise. Accounts Payable $14,500 Furniture & Fixtures 30,000 Accounts Receivable 5,500 Notes Payable (due 3/1/25) 19,000 Accumulated Depreciation 10,000 Prepaid Expenses 22,000 Advertising Expense 11,200 Projection Equipment 30,000 Buildings 68,000 Rent Expense-movies 50,600 Common Stock ? Retained Earnings (1/1/22) 73,700 Cash Concessions Revenue 15,000 56,200 Salaries and Wages Expense 46,900 Ticket Sales Revenue 94,500 Cost of Goods Sold 22,800 Unearned Revenue 2,500 Dividends 2,000 Utility Expense 6,000 Marketable Equity Securities 5,000 Trademark 3,000 Wages Payable 1,000 Determine the Current Ratio on December 31, 2022: 1.28 2.08 1.42 2.641 2.53

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