The current asset section of Guardian Consultants balance sheet consists of cash, accounts receivable, and prepaid expenses. The 2016 balance sheet reported the following: cash, $1,390,000; prepaid expenses, $450,000; noncurrent assets, $3,300,000; and shareholders equity, $3,400,000. The current ratio at the end of the year was 2.5 and the debt to equity ratio was 1.5.

Required:

Determine the following 2016 amounts and ratios:

Current liabilities:

Long-term liabilities:

Accounts receivable:

The acid-test ration: