Balance Sheets Assets 2020 2019 Cash $ 52,000 $ 57,600 Accounts receivable 402,000 351,200 Inventories 836,000 715,200 Total current assets $1,290,000 $1,124,000 Gross fixed assets 527,000 491,000 Less accumulated depreciation 166,200 146,200 Net fixed assets $ 360,800 $ 344,800 $1,650,800 $1,468,800 Total assets Liabilities and Equity Accounts payable $ 175,200 $ 145,600 Notes payable 225,000 Accruals 140,000 200,000 136,000 Total current liabilities $ 540,200 $ 481,600 Long-term debt 424,612 323,432 Common stock (100,000 shares) 460,000 460,000 Retained earnings 225,988 203,768 Total equity $ 685,988 $ 663,768 Total liabilities and equity $1,650,800 $1,468,800 What are Callahan Boat Builders' current and quick ratios for 2019 and 2020? Round to the nearest hundredth. 2019 Quick Ratio: times 2019 Current Ratio: times 2020 Quick Ratio: times 2020 Current Ratio: times