Six years ago, Excel Hydro Inc. purchased a mailing machine at a cost of $368,000. This equipment is currently valued at $172,200 on today's statement of financial position but could actually be sold for $211,400. This is the only fixed asset the firm owns. Net working capital is $121,000 and long-term debt is $82,500. The Vice President of Excel Hydro, Inc. wants to improve the current ratio on the company's next financial statement.

5. What is the book value of shareholders' equity?

6. Explain what the Vice President can legitimately do now to help accomplish this goal. Provide specific examples in your answer.