Current assets for Clarke Inc. totalled $743,580, the current ratio was 1.80 , and the company uses the periodic inventory method. Assume that the following transactions were completed: (1) Sold $20,655 in merchandise on account. (2) Declared but did not pay dividends of $35,300. (3) Paid rent in advance in the amount of $28,500. (4) Paid previously declared dividends in the amount of $35,300. (5) Collected a accounts receivable in the amount of $30,000. (6) Reclassified $79,900 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.)