Allen Company had the following accounts and balances on December 31, 2019:

Estimated Liabilities

$51,250

Discount on Notes Payable

$150

Cash

$20,000

Notes Receivable, maturity 2/1/22

$5,000

Notes Payable, due June 2, 2020

$1,000

Current Maturities of Long-Term Debt

$6,900

Accounts Receivable

$267,500

Unearned Revenue

$4,320

Equipment

$950,000

Interest Payable

$1,010

Accounts Payable

$104,400

Wages Payable

$6,000

Inventory

$85,000

Marketable Equity Securities

$40,000

Land

$600,000

Common Stock

$900,000

Allowance for Doubtful Accounts

$12,000

What is Allen Company's current ratio?

A.2.36

B.2.39

C.2.29

D.3.44

E.3.54