Bell Company has a current ratio of 2.85 on December 31. On that date the company's current assets are as follows: Cash $26,400 Short-term investments 58,000 Accounts receivable (net) 178,000 Inventory 200,000 Prepaid expenses 11,600 Current assets $474,000 Bell Company's current liabilities at the beginning of the year were $135,000 and during the year its operating activities provided a cash flow of $50,000.