14. Last year Lawners Corporation reported sales of $270,000 on its income statement. During the year, accounts receivable increased by $28,000 and accounts payable increased by $33,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be: 15. Stemp Corporation has total cash of $280,000, no marketable securities, total current receivables of $351,000, total inventory of $179,000, total prepaid expenses of S67,000, total current assets of $877,000, total current liabilities of $303,000, total stockholders' equity of $2,414,000, total assets of $3,515,000, and total liabilities of $1,101,000. The company's acid-test (quick) ratio is closest to