Calculate the Current Ratio according to the following Balance Sheet (provide your answer with two significant digits):

Assets
Current Assets
Cash & Securities	$1,015,954
Accounts Receivables	$2,388,400
Retainage	$609,541
Inventory	$47,915
Earnings in Excess of Billings	$141,315
Prepaid Expense	$28,069
Other Current Assets	$107,294
Fixed Assets
Property	$1,358,605
Construction Equipment	$1,772,232
Vehicles	$273,816
Office Equipment	$37,189
Accumulated Depreciation	$-1,725,614
Other Fixed Assets	$79,996
Liabilities
Current Liabilities
Notes Payables	$134,125
Accounts Payables	$1,157,158
Retainage (Subcontracts)	$196,298
Billings in Excess of Earnings	$546,241
Income Taxes Payables	$43,841
Other Current Liabilities	$39,050
Fixed Liabilities
Mortgages	$332,589
Equipment and Vehicle Financing	$508,547
Other Fixed Liabilities	$118,171