Gmeiner Co. had the following current assets and liabilities on December 31 of two recent years: Current assets: Cash Accounts receivable Inventory Current Year Previous Year $799,000 $488,000 345,000 196,000 821,000 342,000 $1,965,000 $1,026,000 Total current assets Current liabilities: Current portion of long-term debt $220,000 $167,000 Accounts payable 264,000 228,000 Accrued and other current liabilities Total current liabilities 396,000 $880,000 365,000 $760,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet 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