he current asset section of the Excalibur Tire Companys balance sheet consists of cash, marketable securities, accounts receivable, and inventories. The December 31, 2020, balance sheet revealed the following:

Inventories	$	750,000
Total assets	$	2,800,000
Current ratio		2.3
Acid-test ratio		1.05

What amount should be included in the current asset section of Excalibur Tires December 31, 2020, balance sheet?

Multiple Choice

• $600,000.

• 1,420,000.

• $630,000.

• $1,380,000.