a. Recelved cash from investors in exchange for 16,000 shares of stock (par value of $1.00 per share) with a market value of $10 per share. b. Purchased land in Wisconsin for $23,000, signing a one-year note (ignore interest). c. Bought two used delivery trucks for operating purposes at the start of the year at a cost of $13,000 each; paid $4,000 cash and signed a note due in three years for the rest (lgnore interest). d. Paid $1,800 cash to a truck repair shop for a new motor for one of the trucks. (Increase the account you used to record the purchase of the trucks because the productive life of the truck has been improved) e. Sold one-fourth of the land for $5,750 to Pablo Development Corporation, which signed a six-month note. f. Stockholder Helen Bailey paid $28,700 cash for a vacant lot (land) in Canada for her personal use. 4. At the end of the next two years, Balley Dellvery Company reported the following amounts on its balance sheets: Compute the company's current ratio for 2021, 2022, and 2023. Note: Round your answers to 2 decimal places