(1) in iwet to 1 detind plate, 1.121 Account 1ittes and Irplanation Debit Cretit - Tekthook and Merdis Bist of Acconviti Attempte: 0 of 3 usved Giment Anwiner (c) ShiwAtternet History. Current Attempt in Progress On June 30, 2024, Nantioe Compary borrowed $440.000 at a bank by signing a fre year, 10\% loan. The terms of the loan require equat verni anitual principal payments plus interest beginnitut December 31, 2024. The loan agreernent requires the company to isaintain ia current ratho of 2.5. The December 31.2024, year-end statement of financial position, immediately or ior to the bank laan repayment and the reclassification of tane-termoebt, follows. (a) Does Ivanhoe Company comply with the current ratio requirement prior to recording the December 31 loan payment? (Round onswer to 1 decimal ploce, es. 2.2.) indented when the amount it mitered. Do not indent monwily. If nos entry is mquired select "Wo entey" for the account elties and enter O for the amounts. (ist alldebit entries before credit entoies) eTextbookand Media List of Accounts Attempts: 0 of 3 used (c) The garts of this question mest be comcieted in order. This part will bet ayailatile wher you corripete the part above