Bellevue Spa Collections had a current ratio of 2.50 to 1 on December 31 of the current year. On that date, the company's assets were as follows: Cash Accounts receivable (net) Inventory Prepaid expenses Equipment (net) $105,200 581,000 1,134,100 25,700 2,431,500 $4,277,500 Total assets (a) Your answer is correct. What were the company's current liabilities on December 31? Current Liabilities $ 738400 (b) Your answer is incorrect. What was the company's acid-test ratio on December 31? (Round answer to 2 decimal places, e.g. 1.12:1.) Acid-Test Ratio :1