On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	25,100
Accounts Receivable		46,200
Allowance for Uncollectible Accounts				$	4,200
Inventory		20,000
Land		46,000
Equipment		15,000
Accumulated Depreciation					1,500
Accounts Payable					28,500
Notes Payable (6%, due April 1, 2019)					50,000
Common Stock					35,000
Retained Earnings					33,100
Totals	$	152,300		$	152,300

During January 2018, the following transactions occur: January 2. Sold gift cards totaling $8,000. The cards are redeemable for merchandise within one year of the purchase date. January 6. Purchase additional inventory on account, $147,000. January 15. Firework sales for the first half of the month total $135,000. All of these sales are on account. The cost of the units sold is $73,800. January 23. Receive $125,400 from customers on accounts receivable. January 25. Pay $90,000 to inventory suppliers on accounts payable. January 28. Write off accounts receivable as uncollectible, $4,800. January 30. Firework sales for the second half of the month total $143,000. Sales include $11,000 for cash and $132,000 on account. The cost of the units sold is $79,500. January 31. Pay cash for monthly salaries, $52,000.

Current Ratio
Choose Numerator		Choose Denominator	=	Current Ratio
Current assets		Current liabilities	=	Current Ratio
		$103,750	=	0.00

Acid-test Ratio
Choose Numerator		Choose Denominator	=	Acid-test Ratio
Quick assets		Current liabilities	=	Acid-test Ratio
		$103,750	=	0.00