Excerpts from Colter Corporation's most recent balance sheet appear below:

	Year 2			Year 1
Current assets:
Cash	$	107		$	137
Accounts receivable, net		134			144
Inventory		221			211
Prepaid expenses		57			57
Total current assets		519			549
Total current liabilities	$	388		$	375

Sales on account in Year 2 amounted to $1,635 and the cost of goods sold was $975.

The acid-test (quick) ratio at the end of Year 2 is closest to:

• 1.00

• 0.77

• 0.62

• 1.34