Denna Company's working capital accounts at the beginning of the year follow: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses Accounts payable Notes due within one year Accrued liabilities S 58,000 S 29,200 321,200 S 428,800 S 5,600 S 178,400 $ 76,000 S 49,200 During the year, Denna Company completed the following transactions X. Paid a cash dividend previously declared, $18,000 a. Issued additional shares of common stock for cash, $176,000 b. Sold inventory costing $60,400 for $88,000, on account. C. Wrote off uncollectible accounts in the amount of $5,200, reducing the accounts receivable balance accordingly d. Declared a cash dividend, $18,000 e. Paid accounts payable, $80 f. Borrowed cash on a short-term note with the bank, $42,000 g. Sold inventory costing $20,880 for $13,920 cash h. Purchased inventory on account, $41,000 i. Paid off all short-term notes due, $118,000 j. Purchased equipment for cash, $65,400 k. Sold marketable securities costing $19,200 for cash, $16,000 I. Collected cash on accounts receivable, $66,800 ,800 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