The following financial information is available for Masters Corporation for 20X5: Current Assets (end of year / beginning of year) $96,000 / $60,000 Current Liabilities (end of year / beginning of year) $76,000 / $42,000 Inventory (average / end of year) $26,000 / $30,000 Accounts Receivable (average / end of year) $45,000 / $40,000 Sales ($10,000 cash sales included) $400,000 Cost of Goods Sold $260,000 Cash (end of year) $26,000 What is the quick ratio?