Firm P has acfounts receivable of $59,000, cash of $28,600, property, plant, and equipment of $460,000, merchandise inventory of $48,800, accounts payable of $23,500, other accrued liabilities of $8,900, common stock of $390,000, and retained earnings of $174,000. Required: Calculate Firm P's working capital and current ratio. Working Capital Current assets - Current liabilities = Working Capital $ 1,101,400 - = Current Ratio Current assets 1 Current liabilities = Current Ratio 1 = 0