Refer to the following selected financial information from Texas Electronics. Compute the company's current ratio for Year 2. Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 37,800 $ 32,550 93,000 61,500 87,000 81,000 122,500 126,500 12,400 10,000 389,500 339,500 111,900 109,300 712,500 677,500 391,500 376,500