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

ORIOLE INC. Balance Sheet (partial)
Cash		$3,132,000
Short-term investments		4,977,000
Accounts receivable		6,555,000
Inventory		20,826,000
Prepaid assets		551,000
Total current assets		$36,041,000
Total current liabilities		$18,034,000

(a) Calculate the (1) current ratio and (2) acid-test ratio. (Round current ratio to 1 decimal place, e.g. 52.7 and acid-test ratio to 2 decimal places, e.g. 52.75.)

1.		Current ratio		enter Current ratio rounded to 1 decimal place
2.		Acid-test ratio		enter Acid-test ratio rounded to 2 decimal places