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 $450,300 $331,200 Marketable securities 521,400 372,600 Accounts and notes receivable (net) 213,300 124,200 Inventories 1,199,200 883,900 Prepaid expenses 617,800 565,100 Total current assets $3,002,000 $2,277,000 Current liabilities: 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.