$ 25,440 Current assets Cash Accounts receivable Prepaid insurance $21,840 32,000 12,000 $33,840 6,400 $ 63,840 Equipment (net) Sunland Corp. Balance Sheet December 30, 2022 Current liabilities Accounts payable Salaries and wages payable Long-term liabilities Notes payable Total liabilities Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity 203,400 81,400 Total assets $ 267,240 115,240 100,000 52.000 152,000 $267.240 Based on the results above, the CFO requested that $ 21,840 of cash be used to pay off the balance of the Accounts Payable account on December 31, 2022. Calculate the new current ratio and working capital after the company takes these actions. (Round current ratio to 2 decime places, e.g. 0.50: 1.) Current ratio :1 Working capital $