Data table Notes Payable, long-term $ 11,500 Accounts Payable Prepaid Rent 1,800 Accounts Receivable Salaries Payable 4,100 5,700 2,800 1,800 25,000 Service Revenue Office Supplies Accumulated DepreciationEquip. Advertising Expense 2,000 Cash 14,100 Depreciation Expense-Equip. 1,000 Equipment 4,000 Tabar, Capital 900 Rent Expense 5,100 1,800 Print Done Heart of Texas Telecom has these account balances at December 31, 2016: (Click the icon to view the account balances.) Requirements 1. Calculate Heart of Texas Telecom's current ratio. 2. How much in current assets does Heart of Texas Telecom have for every dollar of current liabilities that it owes? Requirement 1. Calculate Heart of Texas Telecom's current ratio. (Round your answer to two decimal places, X.XX.) = Current ratio = Requirement 2. How much in current assets does Heart of Texas Telecom have for every dollar of current liabilities that it owes? (Enter the amount to the nearest cent.) Heart of Texas Telecom has of current assets for every dollar of current liabilities that it owes