The following is summary of information presented on the financial statements of a company on December 31, 2019. Account 2019 2018 Current Assets $70,000 $55,000 Accounts Receivable 80,000 78,000 Merchandise Inventory 51,000 45,000 Current Liabilities 74,000 55,000 Long-term Liabilities 35,000 53,000 Common Stock 50,000 44,000 Retained Earnings 42,000 26,000 Net Sales Revenue Cost of Goods Sold $529,000 403,000 $507,000 395,000 O A. a 34.55% increase in current liabilities O B. a current ratio of 0.95 OC. that current liabilities are 36.82% of total equity D. a 25.68% increase in current liabilities The following is summary of information presented on the financial statements of a company on December 31, 2019. Account 2019 2018 Current Assets $70,000 $55,000 Accounts Receivable 80,000 78,000 Merchandise Inventory 51,000 45,000 Current Liabilities 74,000 55,000 Long-term Liabilities 35,000 53,000 Common Stock 50,000 44,000 Retained Earnings 42,000 26,000 Net Sales Revenue Cost of Goods Sold $529,000 403,000 $507,000 395,000 O A. a 34.55% increase in current liabilities O B. a current ratio of 0.95 OC. that current liabilities are 36.82% of total equity D. a 25.68% increase in current liabilities