Excerpts from Colter Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Total current liabilities $109 138 227 $139 148 217 59 563 59 533 $396 $385 Sales on account in Year 2 amounted to $1,685 and the cost of goods sold was $1,005. The current ratio at the end of Year 2 is closest to: Multiple Choice 1.30 0.70 O 1.35 0.76