Dumont Corporation is preparing its 2014 statement of financial position. The company records show the following related amounts at the end of the fiscal year, December 31, 2014:

Cash	$	25,000		Liability for withholding taxes	$	6,000
Short-term investments		54,000		Deferred rent revenue		14,000
Trade receivables		147,000		Bonds payable (due in 15 years)		180,000
Inventories		110,000		Wages payable		14,000
Prepayments		2,000		Property taxes payable		6,000
Non-current assets		296,200		Note payable (6%; due in 6 months)		24,000
Notes payable (8%, due in 5 years)		30,000		Interest payable		3,200
Trade payables		119,000		Shareholders equity		200,000
Income taxes payable		28,000

Required:
1.	Compute (a) the amount of working capital and (b) the quick ratio. (Round your answer to 2 decimal places.)