4 On June 30, Year 3, Rooney Company's total current assets were $499,000 and its total current liabilities were $277,000. On July 1, Year 3, Rooney issued a long-term note to a bank for $38,800 cash. 1.66 points Required a. Compute Rooney's working capital before and after issuing the note. b. Compute Rooney's current ratio before and after issuing the note. (Round your answers to 1 decimal place.) 8 03:35:12 Before the transaction After the transaction eBook a. Working capital Current ratio b. Hint Print References