Current Position Analysis The following data were taken from the comparative balance sheet of Osborn Sisters Company for the years ended December 31, 20Y9 and December 31, 20Y8 Cash Temporary investments Accounts and notes receivable (net) Inventories Prepaid expenses Dec. 31, 20Y9 $508,400 542,500 499,100 697,500 294,500 Dec. 31, 20Y8 $391,600 428,900 467,500 579,600 148,400 Total current assets $2,542,000 $2,016,000 Accounts payable $359,600 260,400 $620,000 $392,000 168,000 $560,000 Accrued liabilities Total current liabilities a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place 20Y9 20Y8 Working capital Current ratio Quick ratio b. The liquidity of Osborn Sisters Company has from 20Y8 to the 20Y9. The working capital, current ratio, and quick ratio have all Most of these changes are the result of