Wildhorse Co. has these comparative balance sheet data: WILDHORSE CO. Balance Sheets December 31 2022 2021 Cash $ 16,800 $ 33,600 Accounts receivable (net) 78,400 67,200 Inventory 67,200 56,000 Plant assets (net) 224,000 201,600 $386,400 $358,400 Accounts payable $56,000 $67,200 Mortgage payable (15%). 112,000 112,000 Common stock, $10 par 156,800 134,400 Retained earnings 61,600 44,800 $386,400 $358,400 Additional information for 2022: 1. Net income was $26,200. 2. Sales on account were $380,400. Sales returns and allowances amounted to $28,500. 3. Cost of goods sold was $225,300. 4. Net cash provided by operating activities was $59,100. 5. Capital expenditures were $27,600, and cash dividends were $16,600. Compute the following ratios at December 31, 2022. (Round current ratio to 2 decimal places 1 decimal place, e.g. 1.8. Use 365 days for calculation.)