The current asset section of Guardian Consultant's balance sheet consists of

cash, accounts receivable, and prepaid expenses. The balance sheet reported

the following: cash, $$1,460,000$; prepaid expenses, $$520,000$; long$-$term

assets, $$2,500,000$; and shareholders' equity, $$2,600,000.$ The current ratio at

the end of the year was $2\mathrm{.}5$ and the debt to equity ratio was $1\mathrm{.}5.$

Required:

Determine the following amounts and ratios:

Note: Round your "The acid$-$test ratio" answer to $1$ decimal place.