Fellsmere Corporation Presented below are the condensed balance sheets of Fellsmere Corporation at December 31, 2017 and 2016. Net income for the years ending December 31, 2016 and 2015 is $346,000 and $109.000, respectively. Current assets Property, plant, & equipment (net) Intangibles and other assets Total assets December 31, 2017 $2,228,186 530,589 131,206 $2.889.981 December 31, 2016 $2,544.683 376,647 | 118,121 $3.039.451 $1,429,674 3,360 112.971 $1,546,605 $1,003,906 7,240 98,081 $1,109,227 Current liabilities Long-term obligations Warranty and other liabilities Total liabilities Stockholders' equity: Common stock Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity $ 1,566 365,986 980,509 (4.085) $1,343,976 $2.889.981 $ 501,631 799,483 634,509 (5.489) $1.930,224 $3.039.451 2. Read the information about Fellsmere Corporation. Required: (A) Did Fellsmere's current ratio increase or decrease from 2016 to 2017? Make any necessary calculations and explain your answer. Which financial statement users are most concerned with this ratio? (B) The balance sheets show a large increase in retained earnings during 2017. Identify the possible reason(s) for this increase