&takeAssignmentSessionLocator &inpro... Current Position Analysis The bond indenture for the 10-year, 8% debenture bonds dated January 2, 20Y8, required working capital of $1,461,400, a current ratio of 4.9, and a quick ratio of 3.0 at the end of each calendar year until the bonds mature. At December 31, 2019, the three measures were computed as follows: 1. Current assets: Cash $186,000 Temporary investments 232,500 Accounts receivable (net) 372,000 Inventories 294,500 Prepaid expenses 77,500 Intangible assets 46,500 Property, plant, and equipment Total current assets (net) 837,000 $2,046,000 Current liabilities: Accounts and short-term notes payable $189,000 Accrued liabilities 216,000 Total current liabilities (405,000) Working capital $1,641,000 All work saved. $2.046.000.