The following partial balance sheet (5 in thousands) for Paisano Seafood Inc. is shown below. Assets Current assets: Cash Accounts receivable (net) Note receivable Inventory Prepaid expenses Total current assets Equipment (net) $ 63 172 63 206 30 534 271 $ 221 76 297 Liabilities and Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term liabilities Total liabilities Shareholders' equity: Common stock Retained earnings Total shareholders' equity Total liabilities and equity 108 405 145 255 400 $ 805 Total assets $805 The current ratio is (Round your answer to 2 decimal places.): Multiple Choice 1.80. 1.32