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 liabilitiess $ 60,000 $ 28,600 $326,000 $ 434,000 $ 6,000 $ 182,000 $ 80,000 $ 51,000 During the year, Denna Company completed the following transactions x. Paid a cash dividend previously declared, $20,000 a. Issued additional shares of common stock for cash, $180,000 b. Sold inventory costing $62,000 for $90,000, on account. C. Wrote off uncollectible accounts in the amount of $6,000, reducing the accounts receivable balance accordingly d. Declared a cash dividend, $20,000 e. Paid accounts payable, $84,000 f. Borrowed cash on a short-term note with the bank, $45,000 g. Sold inventory costing $20,460 for $13,640 cash h. Purchased inventory on account, $42,500 i. Paid off all short-term notes due, $125.000 j. Purchased equipment for cash, $67,000 k. Sold marketable securities costing $18,600 for cash, $15,500 I. Collected cash on accounts receivable, $69,000 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