Exercise 9-8 Windsor, Inc. had the following transactions involving current assets and current liabilities during February 2017 Feb. 3 Collected accounts receivable of $17,100. 7 Purchased equipment for $36,300 cash. 11 Paid $5,500 for a 1-year insurance policy. 14 Paid accounts payable of $13,400. 18 Declared cash dividends, $6,400. Additional information: As of February 1, 2017, current assets were $133,800 and current liabilities were $36,200. Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e.g. 1.83:1.) Current ratio as of Feb. 1, 2017 Feb. 3 Feb. 7 Feb. 11 Feb. 14 Feb. 18