The following amounts were reported on the December 31, 2016, balance sheet: Cash Accounts recelvable Common stock Wages payable Retalned earnings Land Accounts payable Bonds payable Merchandise Inventory Buldings and equipment, net of accumulated depreclation $ 9,000 33,000 50,000 16,000 125,000 30,000 19,000 110,000 28,000 220,000 Required (a.) Calculate working capital at December 31, 2016 (b.) Calculate the current ratio at December 31, 2016 (c.) Calculate the acid-test ratio at December 31, 2016