The following data are taken from the balance sheet at the end of the current year. Determine the (a) working capital, (b) current ratio, and (c) quick ratio. Present figures used in your computations. Round ratios to the nearest tenth. Accounts payable $245,000 Accounts receivable 210,000 Accrued liabilities 4,000 Cash 90,000 Income tax payable 10,000 Inventory 240,000 Marketable securities 350,000 Notes payable, short-term 85,000 Prepaid expenses 15,000