Fellsmere Corporation
Presented Below Are the Condensed Balance Sheets of Fellsmere

Fellsmere Corporation
Presented below are the condensed balance sheets of Fellsmere Corporation at December 31,2018 and 2017.Net income for the years ending December 31,2018 and 2017 is $346,000 and $109,000,respectively.
​
$\begin{array}{lrr}&\text { December 31, } 2018&\text { December 31, } 2017\\\text { Current assets } & \$ 2,228,186 & \$ 2,544,683 \\\text { Property, plant, and equipment } & 530,589 & 376,647 \\\text { (net) } & 131,206 & 118,121\\\text { Total assets }&\$ 2,889,981&\$ 3,039,451\\\\\text { Current liabilities } & \$ 1,429,674 & \$ 1,003,906 \\\text { Long-term obligations } & 3,360 & 7,240 \\\text { Warranty and other liabilities } & 112,971 & 98,081 \\\quad \text { Total liabilities } & \$ 1,546,005 & \$ 1,109,227\\\text { Stockhol ders' equity: }\\\text { Common stock } & \$ 1,566 & \$ 501,631 \\\text { Additional paid-in capital } & 365,986 & 799,483 \\\text { Retained earnings } & 980,509 & 634,509\\\text { Accumulated other }&(4,085) & (5,399) \\\text { comprehensive loss }\\\text { Total stockholders' equity } & \$ 1,343,976 & \$ 1,930,224 \\\text { Total liabilities and stockholders' } & \$ 2,889,981 & \$ 3,039,451\\\text { equity }\end{array}$
-Read the information about Fellsmere Corporation.
Required
(A)Did Fellsmere's current ratio increase or decrease from 2017 to 2018? Make any necessary calculations and explain your answer.Which financial statement users are most concerned with this ratio?
(B)The balance sheets show a large increase in retained earnings during 2018.Identify the possible reason(s)for this increase.