E10.15 (LO 2) Suppose the following financial data were reported by 3M Company (USA) for 2019 and 2020 (dollars in millions). Calculate current ratio and working capital before and after paying accounts payable. Instructions 3M Company Statement of Financial Position (partial) 2020 2019 Current assets Cash and cash equivalents $ 3,040 $1,849 Accounts receivable, net 3,250 3,195 Inventories 2,639 3,013 Other current assets 1,866 1,541 Total current assets $10,795 $9,598 Current liabilities $ 4,897 $5,839 a. Calculate the current ratio and working capital for 3M for 2019 and 2020. b. Suppose that at the end of 2020, 3M management used $200 million cash to pay off $200 million of accounts payable. How would its current ratio and working capital have changed?