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The selected data pertain to Tilghman Company at December 31:
Quick assets $208,000
Acid test ratio 2.6 to 1
Current ratio 3.5 to 1
Net sales for the year $1,800,000
Cost of sales for the year $990,000
Average total assets for the year $1,200,000
Tilghman Company’s current liabilities at December 31 equal