Using the following year-end information for Brim, LLC, calculate the current ratio and acid-test ratio: 
Definitions:
Chapter 7
A provision under the U.S. Bankruptcy Code involving the liquidation of a debtor's property to pay off creditors.
Creditors' Meeting
A gathering during bankruptcy proceedings where creditors can question the debtor under oath regarding their finances and the bankruptcy petition.
Liquidation Schedule
A plan or timetable for selling off assets, typically used in the context of dissolving a business or paying off debt.
Bankruptcy Estate
All legal and equitable interests of the debtor in property at the time of the bankruptcy filing, as defined by bankruptcy law.
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