Quick Ratio Gmeiner Co. had the following current assets and liabilities on December 31 of two recent years: Current Year Previous Year Current assets: Cash Accounts receivable Inventory $534,000 474,000 292,000 $1,300,000 $802,000 378,000 319,000 $1,499,000 Total current assets Current liabilities Current portion of long-term debt Accounts payable Accrued and other current liabilities $101,000 202,000 327,000 $630,000 $89,000 177,000 324,000 $590,000 Total current liabilities a. Determine the quick ratio for December 31 of both years. If required, round your answers to one decimal place Quick Ratio Previous year: Current year: b. How did the quick ratio change between the two balance sheet dates