Exercise 9-6A (Algo) Working capital and current ratio LO 9-2 On June 30, Year 3, Franklin Company's total current assets were $500,000 and its total current liabilities were $273,500. On July 1, Year 3, Franklin issued a short-term note to a bank for $39,000 cash. Required a. Compute Franklin's working capital before and after issuing the note. b. Compute Franklin's current ratio before and after issuing the note. (Round your answers to 2 decimal places.) Book Before the After the Print transaction transaction ferences a Working capital b Current ratio