Crane Company provides you with the following balance sheet information as of December 31, 2017. In addition, Crane reported net income for 2017 of $15, 800, income tax expense of $3, 100, and interest expense of $1, 300. Compute the current ratio and working capital for Crane for 2017. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Current ratio 1.04: 1 Working capital $ 500 Assume that at the end of 2017, Crane used $2, 900 cash to pay off $2, 900 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)