cation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%29 Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 29,037 85,875 109,051 9,637 268,594 $ 502, 194 $ 33,941 $ 35,009 60,610 45,736 78,489 50,722 9,001 3,968 250,885 221,765 $ 432,926 $ 357,200 $ 128,798 $ 73,896 $ 46,679 94,412 162,500 116,484 $ 502,194 99,573 77,362 162,500 162,580 96,957 70, 659 $ 432,926 $ 357,200 (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three year period? 2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three year period? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Did the current ratio improve or worsen over the three year period? Current ratio