On December 31, 2020, Dunder Tour Company had corrent assets of $17,400 and current liabilities of $22,300 and the total of Dunder Tour Company's cash, short-term investments, and current receivables was $15,600. Has the company's ability to pay its debts improved or weakened over the year? Working Capital Current Ratio December 31, 2021 $2,300 1.16:1 December 31, 2020 $(4,900) 0.78:1 December 31, 2021 0.74:1 December 31, 2020 0.70:1 Acid-test Ratio The company's ability to pay its debts over the year Below is an alphabetical list of the adjusted accounts of Dunder Tour Company at its year end, December 31, 2021. All accounts have normal balances Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Depreciation expense Equipment F. Dunder, capital F. Dunder, drawings Insurance expense Interest expense Interest payable $7.300 3,500 15,000 4,500 10,000 50,000 17,300 33,000 1,500 2,800 700 Interest receivable Interest revenue Notes payable Notes receivable Patents Prepaid insurance Service revenue Short-term investments Supplies Supplies expense Unearned revenue $100 1.100 40,000 18,400 15,000 2.900 65,000 2,700 3.100 2.400 3,500 Additional information: 1. 2. 3. In 2022. $3,000 of the notes payable becomes due. The note receivable is due in 2023 On July 18, 2021, Fred Dunder invested $3,200 cash in the business