Use the following information to answer this question Douglas, Ltd. has prepared the following comparative balance sheets for 2019 and 2020: 2019 2020 Cash $ 99,000 Accounts receivables 53,000 $ 51,000 39,000 118,000 9,000 101,000 Inventory Prepaid expenses Buildings and equipment Accumulated depreciation 6,000 420,000 350,000 (150,000) (125,000) $529,000 $442,000 $ 51,000 Accounts payable Interest payable Income taxes payable Long-term bank loan payable $ 56,000 4,000 10,000 150,000 20,000 200,000 215,000 Common shares 43,000 200,000 22,000 $442,000 Retained earnings $529,000 The income statement for 2020 is as follows: Sales (all on credit) $660,000 Cost of Goods Sold Salary expense Depreciation expense (363,000) (127,000) (45,000) Rent expense Interest expense (5,000) (8,000) (45,000) Income taxes expense Net income $67,000 Current ratio in 2019 is Select one: O a. 5.07 b. 3.56 O c. 3.10 O d. 3.65