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Exercise 9-6A (Algo) Working capital and current ratio LO 9-2 On June 30, Year 3. Franklin Company's total current assets were $498,500 and its total current liabilities were $272,500. On July 1. Year 3, Franklin issued a short-term note to a bank for $40.200cash. Required a. Compute Franklin's working capital before and after issuing the note. b. Compute Franklin's current ratio before and after issuing the note. (Round your answers to 2 decimal places.)