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 $ 34,703 101,575 125, 207 10,844 310,030 $ 582,359 $ 40,966 $ 42,686 70,988 56,351 94,734 60,014 10,543 4,602 284,803 263,247 $ 502,034 $ 426,900 $ 140,657 $ 83,995 $ 58,041 111, 673 162,500 167,529 $ 582,359 118,932 95,288 162,500 162,500 136,607 111,071 $ 502,034 $ 426,900 (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