December 31, 2017 December 31, 2016 Accounts payable $8,400 $5,200 Accounts receivable 27,830 35,770 Cash 20,200 19,450 Cleaning supplies 450 700 Interest payable 0 1,200 Inventory 24,600 26,200 Marketable securities 6,250 5,020 0 12,000 Note payable, due in six months Prepaid rent 3,600 4,800 1,230 Taxes payable Wages payable 1,450 1,200 1,600 Required: 1. Calculate the following as of December 31, 2017, and December 31, 2016. Round current ratio to two decimal places. Ratio December 31, 2017 December 31, 2016 a. Working capital b. Current ratio to 1 to 1 2. On the basis of your answers to (1), comment on the company's relative liquidity at the beginning to the end of 2017