Figure the current liabilities at the end of 2018. Balance Sheet 31-Dec-18 31-Dec-17 $ 128,000 $ 96,000$ 128,000 $ 224,000 $ 720,000$ 764,000 Cash Accounts receivable, net Inventory Plant and equipment, net Total assets Current liabilities Loans Total liabilities Common stock Retained earnings Total stockholders' equity Income Statement For the Year Ended December 31, 2018 Sales $ 1,440,000 Cost of goods sold Operating expenses $ 440,000 Depreciation $ 28,000 Interest paid $ 36,000 Taxable income Income taxes (25%) Net Income $ 960,000 $360,000 S 384,000 $ 560,000 Current ratio Quick (acid-test) ratio Debt-to-equity ratio 2.4 1.12 0.875 Gross margin Inventory turn over $ 720,000