The following amounts were reported on the December 31, 2019, balance sheet Cash $ 42,000 115,500 210,e0e 26,250 420,000 105,eee 16,350 615,960 81,060 Accounts receivable Common stock Wages payable Retained earnings Land Accounts payable Bonds payable Merchandise inventory Buildings and equipment, net of accumulated depreciation 945,00e Required: a. Calculate working capital at December 31, 2019. b. Calculate the current ratio at December 31,, 2019. (Round your answer to 1 decimal place.) c. Calculate the acid-test ratio at December 31, 2019. (Round your answer to 1 decimal place.) Working capital Accounts payable Bonds payable Merchandise inventory Buildings and equipment, net of accumulated depreciation 16,350 615,960 81,060 945,000 Required: a. Calculate working capital at December 31, 2019 b. Calculate the current ratio at December 31, 2019. (Round your answer to 1 decimal place.) c. Calculate the acid-test ratio at December 31, 2019. (Round your answer to 1 decimal place.) 24 a Working capital Current ratio b Acid-test ratio C