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As of December 31. Year 1, Gant corporation had a current ratio of 1.29. quick ratio of 1.05, and working capital of $18,000. The company uses a perpetual inventory s merchandise for more than it cost on January 1, year 2, Gant collected SS,200 of accounts receivable. As a result of tnis transaction. working capital Multiple Choice O Increase O o O Remain the same. Cannot be determined.