Current assets for Clarke Inc, totalled $1,037,400, the current ratio was 2.10 , and the company uses the periodic inventory method. Assume that the following transactions were completed: (1) Sold $24,700 in merchandise on account. (2) Declared but did not pay dividends of $38,300. (3) Paid rent in advance in the amount of $24,800. (4) Paid previously declared dividends in the amount of $38,300. (5) Collected a accounts receivable in the amount of $33,500. (6) Reclassified $95,000 of long-term debt as a short-term liability. Required: Assume that Clarke's Inc. uses periodic inventory system, compute the current ratio after each transaction. (Round the final answers to 2 decimal places.)