Accounts payable $6,900 Accounts receivable 7,300 Cash 8,600 Intangible assets 21,600 Inventory 36,200 Long-term investments 24,000 Long-term liabilities 112,000 Short-term investments 3,300 Notes payable (short-term) 15,300 Property, plant, and equipment 220,000 Prepaid insurance 1,210 Salaries and wages payable 3,300 Land held for future use 66,000 Compute the company's (a) working capital and (b) current ratio. (Round current ratio to 2 decimal places (a) Working capital $ (b) Current ratio 29900 2.17 :1