Current assets totaled $58,000 and the current ratio was 1.2. Assume that the following transactions were completed: (1) purchased merchandise for $8,000 on short-term credit and (2) purchased a delivery truck for $21,000, paid $4,000 cash, and signed a two-year interest-bearing note for the balance.

Compute the cumulative current ratio after each transaction. (Round your intermediate calculations to nearest dollar amount and final answers to 2 decimal places.)

Transaction	Cumulative Current ratio
(1)
(2)