Some of the accounts appearing in the year-end financial statements of Rogand Grocery, Inc., appear as follows. This list includes all of the company's current assets and current liabilities. Sales Accumulated depreciation: equipment Notes payable (due in 90 days) Retained earnings Cash Capital stock Marketable securities Accounts payable Mortgage payable (due in 15 years) Salaries payable Dividends Income taxes payable Accounts receivable Inventory Unearned revenue Unexpired insurance $ 1,880,000 370,000 70,000 241, 320 69, 400 150,000 175, 040 128, 100 320,000 7,570 25,000 14, 600 230, 540 179, 600 10,000 4,500 Required: a. Prepare a schedule of the company's current assets and current liabilities. Select the appropriate items from the preceding list. b-1. Compute the current ratio. b-2. Compute the amount of working capital. b-3. State whether you consider the company to be in a strong or weak current position. Req A Req B1 Req B2 Req B3 Prepare a schedule of the company's current assets and current liabilities. Select the appropriate items from the preceding list. Current assets: ROGAND GROCERY, INC. Total current assets Current liabilities: Total current liabilities Compute the current ratio. Current Ratio Choose Numerator: / Choose Denominator: = Current ratio = to 1 Req A Req B1 Req B2 Req B3 Working Capital = Working capital = Req A Req B1 Req B2 Req B3 State whether you consider the company to be in a strong or weak current position. Company's current position