Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2020. Feb. 3 Collected accounts receivable of $ 15,700. 7 Purchased equipment for $ 28,700 cash. 11 Paid $ 3,700 for a 1-year insurance policy. 14 Paid accounts payable of $ 11,700. 18 Declared cash dividends, $5,900. Additional information: As of February 1, 2020, current assets were $ 130,520, and current liabilities were $ 50,200. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, e.g. 1.67.) Current ratio February 1 :1 February 3 :1 February 7 :1 February 11 :1 February 14 :1 February 18 :1