Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucroy Industries Inc. Follow: Cash $410,000 Marketable securities 175,000 Accounts and notes receivable (net) 305,000 Inventories 750,000 Prepaid expenses 46,000 Accounts payable 210,000 Notes payable (short-term) 230,000 Accrued expenses 305,000 Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. a. Working capital b. Current ratio