Nabors Company reported the following current assets and liabilities for December 31 for two recent years: Dec. 31, Current Year Dec. 31, Previous Year Cash $2,050 $1,840 4,460 Temporary investments 4,120 Accounts receivable 6,510 2,800 3,350 Inventory 3,290 Accounts payable 9,300 7,300 Required a. Compute the quick ratio on December 31 of both years. If required, round your answers to one decimal place Quick Ratio December 31, current year December 31, previous year b. Is the quick ratio improving or declining