28 (S-F:8-13): Silver Clothiers reported the following selected items at April 30, 2018 (last year's - 2017 - amounts also given as needed): Accounts Payable $ 328,000 Accounts Receivable, net: Cash 573,720 April 30, 2018 $ 11,000 Merchandise Inventory: April 30, 2017 165,000 April 30, 2018 250,000 Cost of Goods Sold 1,200,000 April 30, 2017 210,000 Short-term Investments 148,000 Net Credit Sales Revenue 3,212,000 Other Current Assets 100,000 Long-term Assets 350,000 Other Current Liabilities 188,000 Long-term Liabilities 130,000 Calculate the acid-test ratio. Acid-test ratio = (Cash including cash equivalents + Short-term investments + Net current receivables) / Total current liabilities