Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 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 $ 30,613 88,725 108,241 9,761 276,383 $ 513,723 $ 34,721 $ 36,536 62,621 48,715 79,472 52,406 9,300 4,060 256, 751 223,683 $ 442,865 $ 365,400 $ 129, 196 $ 74,096 $ 49,680 98,512 162,500 123,515 $ 513,723 104,915 79,138 162,500 162,500 101,354 74,082 $ 442,865 $ 365,400 (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