Feb. 3 Collected accounts receivable of $17,700. 7 Purchased equipment for $30,000 cash. 11 Paid $4,100 for a 1-year insurance policy. 14 Paid accounts payable of $13,500. 18 Declared cash dividends of $5,300. Additional information: As of February 1, 2025, current assets were $130,000 and current liabilities were $40,000. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal ploces, es. 1.83:1