Denna Company's working capital accounts at the beginning of the year follow: Cash $ 50, 000 Marketable securities 30, 000 Accounts receivable, net 200, 800 Inventory 210, 080 Prepaid expenses 10, 800 Accounts payable 150, 080 Notes due within one year 30, 020 Accrued liabilities 20, 020 During the year, Denna Company completed the following transactions: x. Paid a cash dividend previously declared, $12,000. a. Issued additional shares of common stock for cash, $100,000. b. Sold Inventory costing $50,000 for $80,000, on account C. Wrote off uncollectible accounts In the amount of $10,000, reducing the accounts receivable balance accordingly. d. Declared a cash dividend, $15,000. e. Paid accounts payable, $50,000. f. Borrowed cash on a short-term note with the bank, $35,000. g. Sold inventory costing $15,000 for $10,000 cash. h. Purchased inventory on account, $60,000. 1. Paid off all short-term notes due, $30,000. J. Purchased equipment for cash, $15,000. k. Sold marketable securities costing $18,000 for cash, $15,000. I. Collected cash on accounts receivable, $80,000. Required: 1. Compute the following amounts and ratios as of the beginning of the year: (Round your ratlos to 2 decimal places.) a. Working capital b. Current ratio C. Acid-test ratio