At December 31 2017 2816 2815 Assets Cash 35,952 $42,857 42,076 53,879 Accounts receivable, net Merchandise inventory Prepaid expenses 106,264 133,607 72,815 95,220 11,463 316,040 1e,922 297,295 59,754 4,49e 260,601 Plant assets, net Total assets S 603,326 S 520,1e9 $ 420,8ee Liabilities and Equity Accounts payable Long-tern notes payable secured by S 148,726 85,261 54,99e mortgages on plant assets Conmon stock, $1e par value Retained earnings 114,56e 119,625 162,5e0 152,723 92,067 162,5ee 111,243 162,5ee 177,540 Total liabilities and equity $ 603,326 S 520,1e9 5 420,8ee 1. Compute the current ratio for the year ended 2017, 2016, and 2015. 2. Compute the acid-test ratio for the year ended 2017. 2016, and 2015 Complete this question by entering your answers in the tabs below. Required Required 2 Compute the current ratio for the years ended December 31. 2017, 2016. and 2015 Current Ratio Choose Numerator Choose Denominator: Current Ratio Current ra to 1 2017 2016 10 1 1 2015 eqind 2 Assets 35,952 106,264 133,607 42,857 72,815 96,220 10,922 42,076 53,879 59,754 Cash ACcounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 11,463 316,840 4,490 268,601 297,295 Total assets s 683,326 S 520,109- s 420,800 Liabilities and Equity Accounts payable Long-tern notes payable secured by mortgages on plant assets Common stock, $1e par value 5 148,726 S 85,261 54,99e8 114,56e 119.625 92,067 162,see 162,5ee 162.500 Retained earnings 177,54e asz,723 111,243 Total liabilities and equity S 603,326 S 528,1e9 $ 428,8ee 1. Compute the current ratio for the year ended 2017, 2016, and 2015. 2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015 Complete this question by entering your answers in the tabs below. Required 1 Reired 2 Compute the acid-test ratio for the ye ars ended December 31, 2017, 2016, and 2015. Acid-Test Ratio Choose Numerator 1Choose Denominator: Acid-Test Ration Acd-es: rao 2017 to 1 2016 to1 2015