What is the correct answer for part C?

Required a. Prepare Brownlee Catering's balance sheet at September 30, 2015. b. Prepare the company's balance sheet at the close of business on October 1, 2015. BROWNLEE CATERING SERVICE BALANCE SHEETS September 30, October 1, 2015 2015 Assets Cash 5,000 $ (1,000) Accounts Receivable 8,500 8,500 Supplies Inventory 4,500 4,500 Equipment 17,000 28,000 Total Assets $ 35,000 $ 40,000 Liabilities Accounts Payable $ 11,000 $ 11,000 Notes Payable 7,000 15,000 Total Liabilities 18,000 26,000 Stockholders' Equity Common Stock 13,750 13,750 Retained Earnings 3,250 250 Total Stockholders Equity 17,000 14,000 Total Liabilities and Stockholders' Equity $ 35,000 $ 40,000 C. Calculate Brownlee's current and quick ratios on September 30 and October 1. (Assume that Notes Payable are noncurrent.) (Round answers to one decimal point.) September 30 October 1 Current Ratio 1.9 x 1.5 x Quick Ratio 1.7 X 1.4 X Check