33- Gala, Inc. incurred a net loss of $20,000 for 2020. The balance sheet at December 31, 2020, For Gala, Inc., includes the following items in random order:

Account Titles	Amounts
Land	$21,000
Building	180,000
Notes payable (due in three years)	80,000
Retained earnings	25,000
Accounts payable	75,000
Cash	43,000
Marketable securities	20,000
Capital stock	300,000
Salaries payable	12,000
Prepaid insurance	9,000
Inventory	55,000
Accounts receivable	33,000

Calculate the current ratio. (round to one decimal place)

a- 1.8 to 1

b- 1 to 1

c- 1.9 to 1

d- 1.7 to 1

34-

Gala, Inc. incurred a net loss of $20,000 for 2020. The balance sheet at December 31, 2020, For Gala, Inc., includes the following items in random order:

Account Titles	Amounts
Land	$21,000
Building	180,000
Notes payable (due in three years)	80,000
Retained earnings	25,000
Accounts payable	75,000
Cash	43,000
Marketable securities	20,000
Capital stock	300,000
Salaries payable	12,000
Prepaid insurance	9,000
Inventory	55,000
Accounts receivable	33,000

Calculate the working capital

a- $85,000

b-$53,000

c- $73,000

d- $(7,000)