The following amounts were reported on the December 31, 2019, balance sheet: Cash Accounts receivable Common stock Wages payable Retained earnings Land Accounts payable Bonds payable Merchandise inventory Buildings and equipment, net of accumulated depreciation $ 16,000 44,000 80,000 10,000 160,000 40,000 30,000 240,000 60,000 360,000 Required: a. Calculate working capital at December 31, 2019. b. Calculate the current ratio at December 31, 2019. c. Calculate the acid-test ratio at December 31, 2019. (Round your answer to 1 decimal place.) a. Working capital b. Current ratio C. Acid-test ratio