During the year, BBR purchased cash registers and other equipment and fixtures for its new store through financing leases. An initial payment was made for $$100.$ The present value of the remaining obligation is $$900.$

Record this economic event.

Questions:

Blank $1-$ The current ratio was $\mathrm{.}992$ before the economic event. What is the current ratio after this event?

Blank $2-$ By what amount does the account Fixtures and Equipment increase?

Blank $3-$ The profit margin was $6\mathrm{.}6\%$ before this economic event. What is the profit margin immediately after this event?