12. value: 5.88 points Just Dew It Corporation reports the following balance sheet information for 2014 and 2015 JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable Inventory $10,620 21,420 67,860 $ 13,275 29,925 82,575 Accounts payable Notes payable S 52,560 19,260 60,750 24,075 Total $ 99,900 $ 71,820 S 36,000 S 45,000 $ 84,825 $ 27,000 $45,000 $125,775 Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings 207,180 $252,180 360,000 293,175 $338,175 $450,000 Net plant and e quipment$260,1 00 $324,225 Total Total assets $360,000 $450,000 Total liabilities and owners' equity Based on the balance sheets given for Just Dew It a. Calculate the current ratio for each year. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) 2014 2015 Current ratio times times