Shoreville Corp.'s December 31,2017,balance sheet reported current assets of $260,000 and current liabilities of $200,000.The current ratio increased by 20% one year later,on December 31,2018.Current liabilities on this date were $280,000.Determine current assets on December 31,2018.

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The Answer of Shoreville Corp.'s December 31,2017,balance sheet reported current assets of $260,000 and current liabilities of $200,000.The current ratio increased by 20% one year later,on December 31,2018.Current liabilities on this date were $280,000.Determine current assets on December 31,2018.