Use the following data to calculate the current ratio, Pina Colada Corp Balance Sheet December 31, 2022 Cash and cash equivalents $69500 Accounts payable $133500 Accounts receivable 92500 19100 Inventory Prepaid insurance Stock investments Salaries and was payable Bonds payable Totallibilities 175000 $327600 149500 87500 195000 185000 $221500 Common stock $225400 Buildings Less: Accumulated depreciation (52500) 168000 Retained earnings 510500 Trademarks 116500 $735900 Total stockholders quity Total liabilities and stockholders equity Totalassets $1063500 $1063500 0 2 08:1 301:1