Good Sports, Incorporated, is a private full-line sporting goods retailer. Assume one of the Good Sports stores reported current assets of $91,260 and its current ratio was 1.80, and then completed the following transactions: (1) paid $5,600 on accounts payable. (2) purchased a delivery truck for $12,000 cash, (3) wrote off a bad account receivable for $2.400, and (4) paid previously declared dividends in the amount of $27,000. Required: Compute the updated current ratio after each transaction, by showing the cumulative effects of the transactions in the following table. (Round your answers to 2 decimal places.) Current Ratio Transaction 1 Transaction 2 Transaction 3 Transaction 4