The Gap Inc. (GPS) operates specialty retail stores under such brand names as GAP, Old Navy, and Banana Republic. The following asset and liability data (in millions) were adapted from recent financial statements.

Line Item Description	Year 2	Year 1
Current assets:
Cash	$877	$1,988
Short-term investments	-	410
Inventory	3,018	2,451
Prepaid and other current assets	1,270	1,159
Total current assets	$5,165	$6,008
Total current liabilities	$4,077	$3,884

1.  Compute quick assets for Years 2 and 1.

Line Item Description	Quick Assets
Year 2	$fill in the blank 1million
Year 1	$fill in the blank 2million

2.  Compute the quick ratio for Years 2 and 1. Round your answers to two decimal places.

Line Item Description	Quick Ratio
Year 2	fill in the blank 3
Year 1	fill in the blank 4

3.  The Gap's quick assets have fill in the blank 1 of 4

increased by $1,521decreased by $1,521stayed approximately the samedecreased by $1,521

 from Year 1 to Year 2. Its quick ratio fill in the blank 2 of 4

inclineddeclinedstayed approximately the samedeclined

 by fill in the blank 3 of 4$ during Year 2. Overall, The Gap's liquidity position has fill in the blank 4 of 4

inclineddeclinedstayed approximately the samedeclined

 from Year 1 to Year 2.