Assets					Equities
Cash			$ 294000		Accounts payable				$ 628000
Accounts receivable (net)			1941000		Income taxes payable				191000
Inventories			2430000		Miscellaneous accrued payables				228000
Plant and equipment,					Bonds payable (8%, due 2020)				1870000
	net of depreciation		1982000		Preferred stock ($100 par, 6%
Patents			262000			cumulative nonparticipating)			744000
Other intangible assets			75600		Common stock (no par, 60,000
		Total Assets	$6984600			shares authorized, issued
						and outstanding)			1127000
					Retained earnings				2422600
					Treasury stock-1500 shares
						of preferred			(226000)
							Total Equities		$6984600
Concord Corporation
Income Statement
Year Ended December 31, 2018
		Net sales						$8700000
		Cost of goods sold						5800000
		Gross profit						2900000
		Operating expenses (including bond interest expense)						1500000
		Income before income taxes						1400000
		Income tax						440000
		Net income						$ 960000

Additional information: There are no preferred dividends in arrears, the balances in the Accounts Receivable and Inventory accounts are unchanged from January 1, 2018, and there were no changes in the Bonds Payable, Preferred Stock, or Common Stock accounts during 2018. Assume that preferred dividends for the current year have not been declared. At December 31, 2018, the current ratio was

A. 4665 1047.

B. 6641 819.

C. 4665 819.

D. 2235 628.