3 Riley Manufacturing has a current ratio of 3:1 on December 31, Year 3. Indicate whether each of the following transactions would increase, decrease, or have no effect on Riley's current ratio and its working capital. If an element was not affected by the event, leave the cell blank. (Indicate the effect of each transaction by selecting "+" for Increase, "" for decrease, and leave the cell blank If there is no effect.) 20 points Required Current Ratio Working Capital eBook Print References a. Paid cash for a trademark. b. Wrote off an uncollectible account receivable. c. Sold equipment for cash. d. Sold merchandise at a profit (cash). e. Declared a cash dividend. f. Purchased inventory on account. 9. Scrapped a fully depreciated machine (no gain or loss). h. Issued a stock dividend. i. Purchased a machine with a long-term note. 1. Paid a previously declared cash dividend. k. Collected accounts receivable. 1. Invested in current marketable securities