Given the following income statement and balance sheet for a company: Year 2004 500 450 660 Balance Sheet Assets Year 2003 Cash Accounts Receivable 600 Inventory Total CA 1600 Plant, prop. equip 1000 Total Assets 2600 500 550 1660 1250 2910 550 Liabilities Accounts Payable Long term debt Total liabilities 500 700 1200 1002 1552 538 Equity Common Stock Retained Earnings Total Liabilities & Equity 400 1000 2600 820 2910 Income Statement Sales Cost of Goods Sold Gross Profit SG&A 3000 (1000) 2000 (500) (151) 1349 (405) Interest Expense EBT Taxes (30%) Net Income 944 What is the current ratio for 2004? A) 3.018. B) 0.331. C) 2.018