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 $ 77,000 $ 23,200 366,800 $ 478,200 $ 12,900 S 212,600 $ 114,000 $ 66,300 During the year, Denna Company completed the following transactions x. Paid a cash dividend previously declared, $37,000 a. Issued additional shares of common stock for cash, $214,000. b. Sold inventory costing $75,600 for $107,000, on account. c. Wrote off uncollectible accounts in the amount of $12,800, reducing the accounts receivable balance accordingly d. Declared a cash dividend, $37,000 e. Paid accounts payable, $111,200 f. Borrowed cash on a short-term note with the bank, $70,500 g. Sold inventory costing $16,680 for $11,120 cash. h. Purchased inventory on account, $55,250 i. Paid off all short-term notes due, $184,500 j. Purchased equipment for cash, $80,600 k. Sold marketable securities costing $13,200 for cash, $11,000 I. Collected cash on accounts receivable, $87,700 Required 1. Compute the following amounts and ratios as of the beginning of the year: (Round your ratios to2 decimal places.) a. Working capital b. Current ratio c. Acid-test ratio