5. The financial information below presents selected information from the financial statements of Pelicarn Company. Sales revenue during the current year was $13,360,300 and cost of goods sold was $8,913,695 All of Pelican's sales are made on account and are due within 30 days. Prior Year Current Year Accounts receivable Inventory Total current assets Total assets Total current liabilities Total liabilities Cash and cash equivalents 569,330 $ 633,780 4,720,000 3,87,000 937,360 274,440 8,275,030 8,225,100 11,117,020 10,997,000 7,795,300 6,371,000 8,466,900 8,274,700 Calculate the following a. Current ratios as of the end of the current and prior year. (Round your answers to 2 decimal places) Current YearPrior Year Current Ratio