$($Analyzing liquidity$)$ The King Carpet Company has $$3,100,000$ in cash and a total of $$12,520,000$ in current assets. The firm's current liabilities equal $$5,210,000$

such that the firm's current ratio equals $2\mathrm{.}4.$ The company's managers want to reduce the firm's cash holdings down to $$1,200,000$ by paying $$570,000$ in cash to

expand the firm's truck fleet and using $$1,330,000$ in cash to retire a short$-$term note. If they carry this plan through, what will happen to the firm's current ratio?

The new current ratio is

$($Round to one decimal place.$)$