Ft. Mason Corporation began the month of March with \(\$ 286,000\) of current assets, a current ratio of 2.2 to 1 , and an acid-test ratio of 0.9 to 1 . During the month, it completed the following transactions:

Mar. 3 Sold for \(\$ 55,000\) merchandise that cost \(\$ 36,000\).

5 Collected a \(\$ 35,000\) account receivable.

10 Bought \(\$ 56,000\) of merchandise on account. (The company uses a perpetual inventory system.)

12 Borrowed \(\$ 60,000\) by giving the bank a 60 -day, \(12 \%\) note.

15 Borrowed \(\$ 90,000\) by signing a long-term secured note.

22 Used the \(\$ 150,000\) proceeds of the notes to buy additional machinery.

24 Declared a \(\$ 1.75\) per share cash dividend on the 40,000 shares of outstanding common stock.

Mar. 26 Wrote off a \(\$ 14,000\) bad debt against Allowance for Doubtful Accounts.
28 Paid a \(\$ 45,000\) account payable.
30 Paid the dividend declared on March 24.
\section*{Required}
Prepare a schedule showing the company's current ratio, acid-test ratio, and working capital after each of the foregoing transactions. Round to two decimal places.