4. Denna Company's working capital accounts at the beginning of the year follow $ 62,000 $ 28,000 $ 330,800 $ 439,200 $ 6,400 $ 185,600 $ 84,000 $ 52,800 Accounts receivable, net Prepaid expenses Accounts payable Notes due within one year Accrued liabilities During the year, Denna Company completed the following transactions: x. Paid a cash dividend previously declared, $22,000 a. Issued additional shares of common stock for cash, $184,000. b. Sold inventory costing $63,600 for $92,000, on account. c. Wrote off uncollectible accounts in the amount of $6,800, reducing the accounts receivable balance d. Declared a cash dividend, $22,000. e. Paid accounts payable, $87,200 f. Borrowed cash on a short-term note with the bank, $48,000 g. Sold inventory costing $21,900 for $14,600 cash. h. Purchased inventory on account, $44,000 i. Paid off all short-term notes due, $132,000 j. Purchased equipment for cash, $68,600. k. Sold marketable securities costing $18,000 for cash, $15,000 I. Collected cash on accounts receivable, $71,200 Required: 1. Compute the following amounts and ratios as of the beginning of the year: (Round your ratios to 2 decimal places.) a. Working capital b. Current ratio