Markus Companys common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per share this year. It also provided the following data excerpts from this years financial statements:

	Ending Balance		Beginning Balance
Cash	$	41,000	$	36,200
Accounts receivable	$	74,000	$	58,700
Inventory	$	64,900	$	74,000
Current assets	$	179,900	$	168,900
Total assets	$	590,000	$	624,000
Current liabilities	$	70,500	$	63,000
Total liabilities	$	160,000	$	144,000
Common stock, $1 par value	$	139,000	$	139,000
Total stockholders equity	$	430,000	$	480,000
Total liabilities and stockholders equity	$	590,000	$	624,000

	This Year
Sales (all on account)	$	865,000
Cost of goods sold	$	501,700
Gross margin	$	363,300
Net operating income	$	206,250
Interest expense	$	11,000
Net income	$	136,675

7. What is the amount of working capital and the current ratio at the end of this year? (Round "Current ratio" to 2 decimal places.)