Increase $100 Decrease $35 Charleston Company had current assets of $10,000 and current liabilities of $5,000. The following events were recorded: y: Purchase of $1,000 of equipment by signing a 3-month Note Payable Payment of current expenses $2,000 Collection of Revenue in advance $3,000 Following these events, the current ratio (rounded) is: 1.22 10000-2000 + 3000 5,000+1000 + 3000 nasets