The following balance sheet information is provided for Duke Company for Year $2$:

Assets

Cash $$6,400$

Accounts receivable $12,550$

Inventory $15,200$

Prepaid expenses $2,000$

Plant and equipment, net of depreciation $19,900$

Land $13,800$

Total assets $$69,850$

Liabilities and Stockholders' Equity

Accounts payable $$3,030$

Salaries payable $7,830$

Bonds payable $($due in ten years$)14,000$

Common stock, no par $14,500$

Retained earnings $30,490$

Total liabilities and stockholders' equity $$69,850$

What is the company's current ratio? $($Round your answer to $2$ decimal places.$)$

Multiple Choice

$0\mathrm{.}76$

$1\mathrm{.}37$

$3\mathrm{.}33$

$1\mathrm{.}74$