D Question 20 5 pts At the end of the reporting period, Michael Scott Company reports the following selected accounts and balances: Cash, $50,000 Accounts Receivable, $42,000 Inventory, $28,000 Allowance for Doubtful Accounts, $12,000 Equipment (net of A/D). $100,000 Accounts Payable, $20,000 Common Stock, $55,000 Premium on Bonds Payable, $16,000 . . . Using the above information, answer the following questions: A) What is the company's current ratio? Select] B) What is the company's quick (acid-test) ratio (Select]