Gremel corporation has provided the following financial data:

A. What is the company's working capital?

B. What is the company's current ratio?

C. What is the company's acid-test (quick) ratio?

PLEASE SHOW YOUR WORK.Thank you!

Current assets Cash Accounts receivable Inventory.. Prepaid expenses $241,000 $234,000 $119,000 $45,000 $639,000 asset... Current liabilities Accounts payable Accrued liabilities Notes payable, short term $163,000 $87,000 $57,000 $307,000 Total current liabilities