Use the following data to calculate the current ratio. Eddy Auto Supplies Balance Sheet December 31, 2014 Cash $ 84,000 Accounts payable $ 110,000 Accounts receivable 80,000 Salaries and wages payable 20,000 Inventory 140,000 Mortgage payable 180.000 Prepaid insurance 60,000 Total liabilities $310,000 Goodwill 170,000 Land Buildings $226,000 190,000 Common stock $240,000 Less: Accumulated Retained earnings 500 000 depreciation (40,000) 186,000 Total stockholders' equity $740,000 Trademarks 140 000 Total liabilities and Total assets $] 050 000 stockholders' equity $1 050 000 A) 2.34: 1 B) 2.80: 1 C) 3.31 : 1 D) 1.26: 1