The following accounts and balances are taken from the general ledger of Mount Fuji Corporation:

Calculate the (1) working capital and (2) current ratio.

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Accounts Payable 49,800 Accounts Receivable 30,600 Cash 4,500 Current Portion of Long-Term Debt 30,000 Long-Term Investments 31,200 Marketable Securities 37,800 Inventory Notes Payable, 90 days Notes Payable, 2 years 76,200 45,000 60,000 Notes Receivable, 90 days 78,000 Notes Receivable, 2 years 30,000 Prepaid Insurance 1,200 Property, Plant, and Equipment 180,000 Property Taxes Payable 3,750 Retained Earnings 84,900 Salaries Payable Supplies Unearned Revenue 2,550 1,050 2,250