12/31/2018 12/31/2019 Accounts payable $2,500 $6,400 Accounts receivable 3,500 8,500 Cash 4,700 19,000 Prepaid advertising 1,600 4,200 Utilities payable 1,000 6,700 Wages payable 1,800 9,100 Using the above account balances, compute working capital and current ratio. Round "Current ratio" answers to two decimal places. 12/31/2018 12/31/2019 A. Working capital $ B. Current ratio Debit Credit Cash $31,000 Accounts Receivable 7,400 Prepaid Insurance 21,000 Accounts Payable $15,100 Salaries Payable 16,500 Common Stock 12,300 Service Revenue 73,000 Administrative Expenses 57,500 $116,900 $116,900 Using the above account balances, compute working capital and current ratio. Round "Current ratio" answer to two decimal places. A. Working capital B. Current ratio