Cherry Tree Company has the following balance sheet information as of December 31, 2019 Cash $10,000 Marketable Securities $20,000 Accounts Receivable $30,500 Prepaid Expenses $2,000 Inventory $34,000 Property, Plant and Equipment (net of Accumulated Depreciation) $54,000 Accounts Payable $45,000 Long-term Bonds Payable $50,000 Owner's Equity $55,500 What is Cherry Tree Company's current ratio?

A. 1.39

B. 1.58

C. 2.14

D. 0.66