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The current asset section of Guardian Consultant's balance sheet consists of cash, accounts receivable, and prepaid expenses. The 2016 balance sheet reported the following: cash,

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The current asset section of Guardian Consultant's balance sheet consists of cash, accounts receivable, and prepaid expenses. The 2016 balance sheet reported the following: cash, $1, 410,000; prepaid expenses, $470,000; noncurrent assets, $3, 500,000; and shareholders' equity, $3, 600,000. The current ratio at the end of the year was 2.0 and the debt to equity ratio was 1.5. Determine the following 2016 amounts and ratios

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