Denna Companys working capital accounts at the beginning of the year follow

Denna Company's working capital accounts at the beginning of the year follow: 59,000 Cash 28,900 Marketable securities 323,600 Accounts receivable, net Inventory 431,400 5,800 Prepaid expenses 180,200 Accounts payable 78,000 Notes due within one year 50,100 Accrued liabilities During the year, Denna Company completed the following transactions x. Paid a cash dividend previously declared $19,000 a. Issued additional shares of common stock for cash $178,000 b. Sold inventory costing $61,200 for $89,000, on account. c. Wrote off uncollectible accounts in the amount of $5,600, reducing the accounts receivable balance accordingly d. Declared a cash dividend $19,000 e. Paid accounts payable $82,400 f. Borrowed cash on a short-term note with the bank, $43,500 g. Sold inventory costing $20,670 for $13,780 cash h. Purchased inventory on account, $41,750 Paid off all short-term notes due, $121,500 j. Purchased equipment for cash, $66,200 k. Sold marketable securities costing $18,900 for cash, $15,750 I. Collected cash on accounts receivable, $67,900 Required 1. Compute the following amounts and ratios as of the beginning of the year: (Round your ratios to 2 decimal places.) a. Working capital b. Current ratio c. Acid-test ratio