Good Sports, Incorporated, is a private full-ine sporting goods retaler Assume one of the Good Sports stores reported current assets of $88,000 and its current ratio was 175 , and then completed the following transactions. (7) paid $6,000 on accounts payable, (2) purchased a delivery truck for $10,000 cash, (3) wrote off a bad account receivable for $2,000, and (4) paid previously declared dividends in the amount of $25,000. Required: Compute the updated current ratio after each transaction, by showing the cumulative effects of the transactions in the following tabie. (Round your answers to 2 decimal places.)