Stimac Corporation has total cash of $220,000, no marketable securities, total current receivables of $291,000, total inventory of $155,000, total prepaid expenses of $55,000, total current assets of $721,000, total current liabilities of $267,000, total stockholders equity of $1,214,000, total assets of $1,715,000, and total liabilities of $501,000. The companys acid-test (quick) ratio is closest to:

1) 1.76

2) 1.91

3) 2.12

4) 2.70

Which one is the right answer?