Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Year 2 Year 1 Cash $37,500 36,850 Short-term investments 90,000 k 90,000 Accounts receivable, net 85,500 121,000 86,250 Merchandise inventory Prepaid expenses 117,000 13,500 392,000 111.750 12,100 388,000 113,400 711,000 390,000 Plant assets Accounts payable 706,000 Net sales 385,500 Cost of goods sold A. 1.98. B. 3.05. C. 2.95. D. 1.88. E. 2.26