Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 27,711 $ 32,068 $ 31,767 Accounts receivable, net 81, 119 56, 119 43, 229 Merchandise inventory 101,992 74,906 46,974 Prepaid expenses 8, 656 8,673 3, 566 Plant assets, net 250, 205 233,133 205, 264 Total assets $ 469,683 $ 404,899 $ 330,800 Liabilities and Equity Accounts payable $ 114, 612 $ 70,481 $ 44,102 Long-term notes payable secured by mortgages on plant assets 88,300 94, 058 73,107 Common stock, $10 par value 162,500 162,500 162, 500 Retained earnings 104,271 77, 860 51, 091 Total liabilities and equity $ 469,683 $ 404,899 $ 330,800 (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three year period