Current Position Analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current assets: Current Year Previous Year Cash $630,400 $524,400 Marketable securities 730,000 590,000. Accounts and notes receivable (net) 298,600 196,600 Inventories 1,459,900 1,010,200 Prepaid expenses 752,100 645,800 Total current assets Current liabilities: $3,871,000 $2,967,000 Accounts and notes payable (short-term) Accrued liabilities Total current liabilities $458,200 $483,000 331,800 207,000 $790,000 $690,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year 1. Working capital $ X $ 2. Current ratio x x 3. Quick ratio 2.1 V x