Based on the following data, what is the Current Ratio?

Accounts payable........................	$ 78,000
Accounts receivable...................	158,000
Payroll tax payable.....................	15,000
Cash...........................................	49,000
Inventory.....................................	148,000
Goodwill......................................	160,000
Short Term Investments................	108,000
Notes payable (short-term)..........	65,000
Property, plant, and equipment.....	1,800,000
Prepaid Expenses.......................	15,000

	a.	1.99
	b.	320,000
	c.	2.68
	d.	3.13
	e.	3.03