dollars.) Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $ 128 29 138 28 370 174 230 1 30 385 39 70 Assume that the following events occurred in the following quarter. a. Paid $30 cash for additional inventory. b. Issued additional shares of common stock for $10 in cash. c. Purchased equipment for $200; paid $95 in cash and signed a note to pay the remaining S105 in two years. d. Signed a short-term note to borrow $14 cash. e Conducted negotiations to purchase a sawmill, which is expected to cost $36. Required: 1-a. Calculate Edward Allen's current ratio at September 30, 2016. prior to the transactions listed above. (Round your answer to 2 decimal places.) Current Ratio