Based on the following data, what is the current ratio? Accounts payable..... $ 64,000 Accounts receivable........ 114,000 Accumulated depreciation............. 160,000 Cash...... 60,000 Equipment.... .... 1,500,000 Inventory...... 138,000 Long-term investments 160,000 Notes payable (due in 3 months)...... 56,000 Notes payable (due in 2 years)......... 200,000 Patents. 100,000 Prepaid insurance. 2,000 Short-term investments. 80,000 6.15 3.67 2.80 2.60 3.28