Ivanhoe Incorporated had the following transactions involving current assets and current liabilities during February $2027.$

Feb. $3$ Collected accounts receivable of $$10,300.$

$7$ Purchased equipment for $$34,300$ cash.

$11$ Paid $$3,500$ for a $1-$year insurance policy.

$14$ Paid accounts payable of $$14,400.$

$18$ Declared cash dividends of $$7,000.$

Additional information:

As of February $1,2027,$ current assets were $$128,770$ and current liabilities were $$32,600.$

Compute the current ratio as of the beginning of the month and after each transaction. $($Round answers to $2$ decimal places, e$.$g$.1\mathrm{.}83.)$

Current ratio as of February $1,2027$

Feb. $3$

Feb. $7$

Feb. $11$

Feb. $14$

Feb. $18$

$1$

$1$

$1$

$1$

$1$

$$ :$1$