Current assets for JC Inc, totalled $46,883, and the current ratio was 173. Assume that the following transactions were completed: (1) Purchased merchandise for $5,400 on short-term credit. (2) Purchased a delivery truck for $18,000-paid $3,900 cash and signed a two-year interest-bearing note for the balance Required: 1. Determine without computations if the current ratio will increase, decrease, or remain unchanged after each transaction Impact on Current Ratio Transaction (1) Transaction (2) 2. Compute the current ratio after each transaction (Round the final answers to 2 decimal places.) Current Ratio Transaction (1) Transaction (2)