Use the following data to calculate the current ratio.

Bramble Corp. Balance Sheet December 31, 2017 Cash $129900 Accounts payable $165000 Accounts receivable 123800 Salaries and wages payable 27900 Inventory 204400 Mortgage payable 274200 Prepaid insurance 91200 Total liabilities $467100 Stock Investments 253500 Land 283000 Buildings $337500 Common stock $360500 Less: Accumulated depreciation (56700) 280800 Retained earnings 739000 Trademarks 200000 Total stockholders' equity $1099500 Total assets $1566600 Total liabilities and stockholders' equity $1566600