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 $ 25,956 $ 79,067 93,620 8,444 241,824 $ 448,911 30,650 $ 55, 262 72,309 8,046 220,725 386,992 32,243 42,148 44,887 3,547 196,475 319,300 $ 112,897 $ 64,094 $ 42,991 82,707 87,228 69,860 162,500 162,500 162,500 90,807 73,170 43,949 $ 448,911 $ 386,992 $ 319,300 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