The following amounts were reported on the December 31, 2019, balance sheet:

Cash	$	36,000
Accounts receivable		99,000
Common stock		180,000
Wages payable		22,500
Retained earnings		360,000
Land		90,000
Accounts payable		19,500
Bonds payable		528,000
Merchandise inventory		75,000
Buildings and equipment, net of accumulated depreciation		810,000

Required:

1. Calculate working capital at December 31, 2019.
2. Calculate the current ratio at December 31, 2019. (Round your answer to 1 decimal place.)
3. Calculate the acid-test ratio at December 31, 2019. (Round your answer to 1 decimal place.)