Return to question The current asset section of Guardian Consultant's balance sheet consists of cash, accounts receivable, and prepaid expenses. The 2021 balance sheet reported the following: cash, $1,500,000; prepaid expenses, $560,000; long-term assets, $2,900,000; and shareholders' equity, $3,000,000. The current ratio at the end of the year was 2.5 and the debt to equity ratio was 1.6. 10 points Required: Determine the following 2021 amounts and ratios: (Round your "The acid-test ratio" answer to 1 decimal place.) Answer is complete but not entirely correct. 1. 2. Current liabilities Long-term liabilities Accounts receivable The acid-test ratio 1,960,000 2,840,000 1,740,000 X 3. 4. 2.2