On December 31, 20--, the following selected accounts and amounts appeared on the balance sheet for Duncan Company. Determine the amount of the working capital and the current ratio. Building $164,000 Prepaid Insurance 1,930 Merchandise Inventory 69,620 Store Equipment 13,600 Unearned Fees 2,970 Notes Payable (due in six months) 8,910 Accumulated Depreciation, Building 68,000 Accounts Payable 14,850 Land 39,000 Cash 18,370 970 Store Supplies Accumulated Depreciation, Store Equipment 5,880 Notes Receivable (due in four months) 5,800 4,290 Mortgage Payable (current portion) Salaries Payable 1,980 M. Duncan, Capital 123,800 Mortgage Payable (due in four years) 82,610 Working Capital II Current Ratio (Round your answer to two decimal places.) :1