Help Save & Che Simon Company's year end balance sheets follow. At December 31 Assets 2018 2017 2016 $ 31,800 $ 35,625 $ 37,800 89,500 62,500 50.200 112.500 82,500 54.000 10700 9,3755 .000 278.500 255.000 230,500 $523,000 $445,000 $377,500 Accounts receivable, net Nerchandise inventory Prepaid expenses Plant anneta, net Total asets Liabilities and Equity Accounts payable Long-term notes payable aecured by mortgages on plant assets Common stock, 510 PBE Value Retained earninga Total liabilities and equity $129,900 $ 75,250 $ 51, 250 98,500 101,500 83,500 163,500 163,500 163,500 131,100 104,750 79.250 $523,000 $445,000 $277.500 1. Compute the current ratio for the years ended December 31, 2018, 2017 and 2016. 2. Compute the acid-test ratio for the years ended December 31, 2018, 2017 and 2016 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the acid-test ratio for the years ended December 31, 2018, 2017, and 2016 Acid-Test Ratio = Choose Numerator + Short term investments Choose Denominator. Current liabilities + Current receivables 2018: 2017: 2016: 5 S $ 31,800 35,625 7 800 Acid-Test Ratio Acid-test ratio D to 1 0 to 1 0 to 1 + 3