At December 31, 2019, Jones Corporation reported current assets of $348,310 and current liabilities of $192,400. The following items may have been recorded incorrectly.

1.		Goods purchased costing $24,200 were shipped f.o.b. shipping point by a supplier on December 28. Jones received and recorded the invoice on December 29, 2019, but the goods were not included in Millers physical count of inventory because they were not received until January 4, 2020.
2.		Goods purchased costing $15,090 were shipped f.o.b. destination by a supplier on December 26. Jones received and recorded the invoice on December 31, but the goods were not included in Jones's 2019 physical count of inventory because they were not received until January 2, 2020.
3.		Goods held on consignment from Chris Company were included in Jone's December 31, 2019, physical count of inventory at $14,140.

(a) Compute the current ration on Jones's balance sheet (round ratio to 2 decimal places, e.g. 2.31:1.) Current ratio: _________

(b) Recompute the current ratio after corrections are made. (round ratio to 2 decimal places, e.g. 2.31:1.) The current ratio: _____________

*Please don't forget to show your work and explain all steps. thanks..