Blaine Computer has the following income statement and balance sheet.

What is Blaine's current ratio? 1.98 2.15 2.51 2.73 3.52

\begin{tabular}{|l|r|} \hline Sales & 1,300,000 \\ \hline Cost of goods sold & 800,000 \\ \hline Selling, general \& admin expenses & 165,000 \\ \hline Depreciation & 61,000 \\ \hline Interest expense & 16,000 \\ \hline Taxes (30\%) & 77,400 \\ \hline Net income & 180,600 \\ \hline & \\ \hline Cash & 110,000 \\ \hline Receivables & 180,000 \\ \hline Inventory & 170,000 \\ \hline Net fixed assets & 460,000 \\ \hline Total Assets & 920,000 \\ \hline Accounts payable & 46,000 \\ \hline Other current liabilities & 55,000 \\ \hline Notes payable & 82,000 \\ \hline Long-term debt & 122,000 \\ \hline Total Equity & 615,000 \\ \hline Total Liabilities \& Equity & 920,000 \\ \hline \end{tabular}