Simon Company's year-end balance sheets follow. At Assets Cash 31,800 35,625 37,800 89,500 62,500 50,200 112,500 82,500 54,000 10,700 9,375 5,000 78,500255,000 230,500 $523,000 $445,000 $377,500 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 $129,900 75,250 51,250 98,500 101,500 83,500 163,500 163,500 163,500 131,100 104,750 79,250 Total liabilities and equity $523,000 $445,000 $377,500 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 auestion bv enterina vour answers in the tabs below