The following information has been extracted from the financial statements of Blue Hills Ltd. 2021 2020 Cash at bank Marketable securities Accounts receivable Inventory Prepaid expenses Plant and equipment Accounts payable Bills payable Accrued expenses $160,000 365,000 425,000 980,000 32,000 1,700,000 894,000 42,000 6,800 $187,000 333,000 400,000 998,000 81,000 1,770,000 804,500 54,500 3,500 Calculate the following for 2020 and 2021: (Round answers to 2 decimal places, e.g. 52.75.) 2020 2021 1. Current ratio :1 :1 2. Quick ratio : 1 :1