Required information [The following information applies to the questions displayed below.] Markus Company's common stock sold for $5.00 per share at the end of this year. The company paid a common stock dividend of $0.80 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash $ 45,000 $ 42,000 Accounts receivable $ 90,000 $ 65,000 Inventory $ 72,100 $ 90,000 Current assets $ 207,100 $ 197,000 Total assets $ 766,000 $ 836,400 Current liabilities $ 88,000 $ 82,500 Total liabilities $ 196,000 $ 176,400 Common stock, $1 par value $ 159,000 $ 159,000 Total stockholders' equity $ 570,000 $ 660,000 Total liabilities and stockholders' equity $ 766,000 $ 836,400 This Year Sales (all on account) $1,045,000 Cost of goods sold $ 606,100 Gross margin $ 438,900 Net operating income $ 300,000 Interest expense $ 15,000 Net income $ 199,500 7. What is the amount of working capital and the current ratio at the end of this year? (Round "Current ratio" to 2 decimal places.) $ Working capital Current ratio 11,900 X 2.35