5 of 5 -/2 1 Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in millions). 3M Company Balance Sheets (partial) 2020 2019 rent assets ash and cash equivalents $3,034 $1,869 ccounts receivable, net 3,250 3.135 ventories 2.636 3,036 ther current assets 1,874 1.535 Total current assets $10,794 $9.575 rent liabilities $4,897 $5,818 (a) Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal places, e.g. 1.25: 1.) Current ratio 2019 2020 Working capital 2019 2020 $ (b) Suppose that at the end of 2020.3M management used $240 million cash to pay off $240 million of