Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucroy Industries Inc. follow: Cash $422,500 Marketable securities 185,000 Accounts and notes receivable (net) 320,000 Inventories 750,000 Prepaid expenses 40,000 Accounts payable 230,000 Notes payable (short-term) 250,000 Accrued expenses 285,000 Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. a. Working capital $fill in the blank 1 952,500 b. Current ratio fill in the blank 2 2.2 c. Quick ratio fill in the blank 3 1.2 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate colum