compute the current ratio ( round your answer to two decimals)

8,000 Swan Song's adjusted trial balance as of December 31, 2016 is given below: Debit Credit Cash $12,000 Accounts Receivable Prepaid Rent 6,000 Prepaid Insurance 2,000 Office Supplies 3,300 Building 58,000 Accumulated Depreciation-Building $12,000 Equipment 32,000 Accumulated Depreciation-Equipment 7,400 Land 46,000 O A. 2.54 B. 2.31 C. 1.63 D. 8.09 0 46.000 5.200 4,600 2,500 5,000 11,000 8,600 236,300 Land Accounts Payable Salaries Payable Interest Payable Mortgage Payable (long term) B. Swan, Capital B. Swan. Withdrawals Service Revenue Salaries Expense Insurance Expense Rent Expense Utilities Expense Asie Cena OA 2.54 OB 2.31 OC 1.63 OD 8.09 41,500 6.000 13.000 19.000 236,300 B. Swan, Withdrawals 8,600 Service Revenue Salaries Expense 41,500 Insurance Expense 6.000 Rent Expense 13,000 Utilities Expense 19.000 Advertising Expense 9,700 Depreciation Expense-building 10,400 Depreciation Expense-Equipment 7,000 Supplies Expense 1.500 Total $284,000 Compute the current ratio. (Round your answer to two decimals) OA 2.54 OB. 2.31 OC 1.63 OD 8.09 $284,000 Click to select your answer. 2