1. Calculating working capital Aa Aa Taco Largo Inc.'s CFO has decided to take a closer look at the firm's short-term assets and liabilities. Taco Largo Inc.'s balance sheet follows. Balance Sheet Cash Accounts receivable Inventory Total current assets $120,000 $170,000 $200,000 $490,000 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total common equity Total liabilities and equity $145,000 $90,000 $120,000 $355,000 $525,000 $310,000 $1,190,000 Net plant and equipment $700,000 $1,190,000 Total assets The value of Taco Largo Inc.'s working capital is , while its net working capital is The value of Taco Largo Inc.'s net operating working capital is Taco Largo Inc.'s current ratio is If Taco Largo Inc. decides to purchase inventory on account, its current ratio will