Hogwart Corporation's books revealed the following for 2020 and 2019: Cash 2019 $21,250 37,500 2020 $27,750 42,000 72,250 12,500 41,250 61,600 12,500 38,000 13,000 15,000 Accounts receivable Inventory Other prepaid assets Accounts payable Other current payables Shareholders' equity Sales Cost of goods sold Operating expenses Net income 100,250 525,000 300,000 70,000 $155,000 79,850 450,750 240.750 65,000 $145,000 The current ratio for the 2020 year end is 2.85. 2.62. 1.29. 102