Assume that the current ratio for Arch Company is 3.0 , its acid-test ratio is 20 , and its working capital is $380,000. Answer each of th following questions independently, always referring to the original information. Required: o. How much does the firm have in current liabilities? Note: Do not round intermediate calculations. b. If the only current assets shown on the balance sheet for Arch Company are Cash, Accounts Receivable, and Merchandise Inventory, how much does the firm have in Merchandise Inventory? Note: Do not round intermediate calculations. c. If the firm collects an account receivable of $101,000, what will its new current ratio and working capital be? Note: Round "Current ratio" to 1 decimol place. d. If the firm pays an account payable of $55,000, what will its new current ratio and working capital be? Note: Do not round intermediote calculations. Round "Current ratio" to 1 decimal ploce. e. If the firm selis inventory that was purchased for $50,000 at a cash price of $57,000, what will its new acid-test ratio be? Note: Do not round intermediate calculations. Round your onswer to 1 decimal place