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The following data were taken from the comparative balance sheet of Osborn Sisters Company for the years ended December 31, 2019 and December 31, 2018:

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The following data were taken from the comparative balance sheet of Osborn Sisters Company for the years ended December 31, 2019 and December 31, 2018: Dec 31, 2019 Dec 31, 20Y8 Cash $344,400 $258,700 Temporary investments 367,500 283,400 Accounts and notes receivable (net) 338,100 308,900 Inventories 472,500 383,000 Prepaid expenses 241,500 135,000 Total current assets $1,764,000 $1,369,000 Accounts payable $243,600 $259,000 Accrued liabilities 176,400 111,000 Total current liabilities $420,000 $370,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. 2019 20Y8 $ Working capital III. Current ratio Quick ratio

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