the following amounts were reported on the December 31, 2022, balance sheet: Retained earnings $ 140,000 Buildings and equipment, net of accumulated depreciation 150,000 Accounts receivable 38,000 Common stock 20,000 Wages payable 5,000 Cash 13,000 Land 60,000 Accounts payable 25,000 Bonds payable 90,000 Merchandise inventory 24,000 The acid-test ratio at December 31, 2022 was