What is the current ratio of Chester? Use the results of the Balance Sheet Survey Below.Balance Sheet SurveyAndrewsBaldwinChesterDigbyErieFerrisCash$3,434$0$15,756$3,605$52,632$5,613Acc ounts Receivable$8,307$14,914$12,076$9,550$16,903$4,576Inventory$8,617$25,931$5,044$3,491$3 ,473$10,616Total Current Assets$20,358$40,845$32,876$16,646$73,008$20,804Plant and equipment$113,800$177,400$124,100$122,200$193,600$78,300Accumulated Depreciation($37,933)($76,903)($33,454)($40,920)($71,416)($42,600)Total Fixed Assets$75,867$100,497$90,646$81,280$122,184$35,700Total Assets$96,225$141,342$123,523$97,926$195,192$56,504Accounts Payable$6,583$8,687$11,450$4,443$10,571$3,463Current Debt$0$12,555$7,550$10,000$21,830$9,975Long Term Debt$41,700$69,850$56,850$59,850$59,643$16,308Total Liabilities$48,283$91,092$75,850$74,293$92,044$29,747Common Stock$18,360$22,860$22,775$18,360$24,310$19,119Retained Earnings$29,582$27,391$24,898$5,273$78,839$7,638Total Equity$47,942$50,251$47,673$23,633$103,148$26,757Total Liabilities & Owner\'s Equity$96,225$141,342$123,523$97,926$195,192$56,504 Solution Current ratio = Total Current Assets /Current Liabilities = 32876/(11450+7550)= 1.73.