Anson Corporation had $325,000 in current assets and $145,000 in current liabilities before borrowing $100,000 from the bank for a 6-month period.

What effect did the borrowing transaction have on the amount of Anson's working capital?

(a) No effect

(b) $100,000 increase

(c) $145,000 increase

(d) $100,000 decrease

What effect did the borrowing transaction have on Anson's current ratio?

(a) The ratio remained unchanged.

(b) The change in the current ratio cannot be determined.

(c) The ratio decreased.

(d) The ratio increased.