Norsk Optronics, ALS, of Bergen, Norway, had a current ratio of 4 on June 30 of the current year. On that date, the companys assets were: Cash $ 69,000 Accounts receivable, net 440,000 Inventory 650,000 Prepaid expenses 10,000 Plant and equipment, net 1,820,000 Total assets $ 2,989,000 Required: 1. What was the companys working capital on June 30? 2. What was the companys acid-test ratio on June 30? (Round your answer to 2 decimal places.) 3. The company paid an account payable