The current Ratio of a business is 1.80:1. The total Current Liabilities are $100,000. If the business buys $30,000 equipment on account, how much will the Current Ratio change to? Select one: a. 1.62 b. 2.10:1 x c. 1.38:1 d. 2.57:1 A five-year appreciable asset cost $10,000 and had a residual value of $1,000. What is the balance of its accumulated depreciation account at the end of three years using straight-line depreciation? Select one: a. $4,000 b. $3,600 c. $5,400 d. $6,000