Selected condensed data taken from a recent balance sheet of Heidebrecht Inc. are as follows.

HEIDEBRECHT INC. Balance Sheet (partial)
Cash		$7,980,000
Short-term investments		4,980,000
Accounts receivable		12,120,000
Inventory		14,390,000
Other current assets		5,440,000
Total current assets		$44,910,000
Total current liabilities		$39,420,000

What are the (a) working capital, (b) current ratio, and (c) acid-test ratio? (Round ratios to 2 decimal places, e.g. 1.58 : 1.)

please include all answers and calculations.

(a) Working capital (b) Current ratio (c) Acid-test ratio