Simon Company's year-end balance sheets follow At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 25,585 29,907 32, 425 42,385 45,140 3,497 197,653 $438,032 377,614 321,100 53,923 68,461 8,009 237,484 217,314 73,405 93,235 8,323 Liabilities and Equity Accounts payable Long-term notes payable secure 107,979 61,902$41,537 mortgages on plant assets Common stock, Retained earnings Total liabilities and equity 70,963 162,500 162,500 162,500 46,100 $438,032 377,614 321,100 81,527 85,114 $10 par value 86,026 68,098 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 1Required 2 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015. Current Ratio Choose Numerator: Choose Denominator Current Ratio 2017 2016: 2015: Current ratio to 1 to 1 to 1