Gwynn Incorporated had the following transactions involving current assets and current liabilities during February 2020. Feb.3 Collected accounts receivable of $14,100. Purchased equipment for $27,400 cash. 7 11 Paid $3,600 for a 1-year insurance policy. Paid accounts payable of $12,400. 14 18 Declared cash dividends, $5,800. Additional information: As of February 1, 2020, current assets were $131,040, and current liabilities were $50,400. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, eg. 1.67.) Current ratio February 1 :1 February 3 :1 February 7 :1 February 11 :1 February 14 :1 February 18 :1