Use the following data to calculate the current ratio. Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation Patent Total assets $221500 (68000) Blossom Company Balance Sheet December 31, 2022 $65000 62220 140000 81500 179000 188500 153500 124000 $993720 Accounts payable Salaries and wages payable Mortgage payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $132500 12800 160000 $305300 $170920 517500 $688420 $993720