Blossom Company provides you with the following balance sheet information as of December 31, 2022.

Current assets		$11,730		Current liabilities		$12,240
Long-term assets		27,030		Long-term liabilities		14,280
Total assets		$38,760		Stockholders equity		12,240
				Total liabilities and stockholders equity		$38,760

In addition, Blossom reported net income for 2022 of $16,320, income tax expense of $3,264, and interest expense of $1,326.

(b)

Assume that at the end of 2022, Blossom used $3,060 cash to pay off $3,060 of accounts payable. Compute the new ratios. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Current ratio		---------------	:1
Working capital		--------------