Assume current assets totaled $51,000 and the current ratio was 1.2 before the following independent transactions: 1. Purchased merchandise for $6.000 on short-term credit. 2. Purchased a delivery truck for $32,000. Paid $4,000 cash and signed a two-year interest-bearing note for the balance \begin{tabular}{|c|c|} \hline Transaction & Current Ratio \\ \hline(1) & \\ \hline(2) & \\ \hline \end{tabular}