Use the following data to calculate the current ratio. Cash Accounts receivable Inventory Prepaid insurance Stock investments Land Buildings Less: Accumulated depreciation Goodwill Oriole Company Balance Sheet December 31, 2022 $187000 Accounts payable $206000 140000 Salaries and wages payable 30000 171000 Mortgage payable 238500 91300 Total liabilities $474500 259000 293000 $300000 Common stock $400800 (56000) 244000 Retained earnings 729000 Total stockholders' 219000 $1129800 equity Total liabilities and $1604300 $1604300 stockholders' equity Total assets 2.13:1 2.50:1 1.44:1 2861