The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash $262,200 $208,000 303,600 234,000 Marketable securities 124,200 78,000 Accounts and notes receivable (net) Inventories 1,001,900 732,000 516,100 Prepaid expenses 468,000 $1,720,000 $2,208,000 Total current assets