Gmeiner Co. had the following current assets and liabilities on December 31 of two recent years: Current Year Previous Year Current assets: Cash $439,000 $409,000 Accounts receivable 389,000 193,000 Inventory 240,000 163,000 Total current assets $1,068,000 $765,000 Current liabilities: Current portion of long-term debt $74,000 $65,000 Accounts payable 147,000 129,000 Accrued and other current liabilities 239,000 236,000 Total current liabilities $460,000 $430,000 a. Determine the quick ratio for December 31 of both years. If required, round your answers to one decimal place. Quick Ratio Previous year: Current year: b. How did the quick ratio change between the two balance sheet dates? k