Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,582 $ 37,286 $ 38,071 94,282 65,251 50,243 112,787 87,078 56,835 10,374 9,788 4,230 286,271 262,059 243,021 $ 535,296 $ 461,462 $ 392,400 $ 137,287 $ 79,547 $ 52,315 100,636 106,136 87,588 162,500 162,500 162,500 134,873 113,279 89,997 $ 535,296 $ 461,462 $ 392,400 1. Compute the current ratio for the year ended 2017, 2016, and 2015. 2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015. Current Ratio Choose Numerator: Choose Denominator: = Current Ratio Current ratio to 1 2017: II 2016: to 1 2015: = to 1