Current Attempt in Progress Use the following data to calculate the current ratio. Marigold Corp. Balance Sheet December 31, 2022 $189000 152000 167000 85800 Accounts payable Salaries and wages payable Mortgage payable Total liabilities $207000 30000 247500 $484500 Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation 264000 259000 $314000 Common stock $372300 (56000) 258000 Retained earnings 726000 Goodwill 208000 $1098300 Total stockholders' equity Total liabilities and stockholders' equity Total assets $1582800 $1582800 O 2.87:1 O 2.51:1 O 2.14:1 O 1.45:1