At December 31, 2019, Maria Miller 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 fo.b. shipping point by a supplier on December 28. Miller received and recorded the invoice on December 29, 2019, but the goods were not included in Miller's physical count of inventory because they were not received until January 4, 2020. 2. Goods purchased costing $15,090 were shipped fo.b. destination by a supplier on December 26. Miller received and recorded the invoice on December 31, but the goods were not included in Miller's 2019 physical count of inventory because they were not received until January 2, 2020. 3. Goods held on consignment from Claudia Kishi Company were included in Miller's December 31, 2019, physical count of inventory at $14,140. 4. Freight-in of $2,760 was debited to advertising expense on December 28, 2019. Your answer is incorrect. Compute the current ratio based on Miller's balance sheet. (Round ratio to 2 decimal places, c.8. 2.31:1.) The current ratio e Textbook and Media * Your answer is incorrect. Recompute the current ratio after corrections are made. (Round ratio to 2 decimal places, eg. 2.31:1.) The current ratio x Your answer is incorrect. By what amount will income (before taxes) be adjusted up or down as a result of the corrections? Assume that goods are sold in item #4. Adjust Income $ e Textbook and Media