Ivanhoe Incorporated had the following transactions involving current assets and current liabilities during February 2022. Feb. 3 Collected accounts receivable of $16,000. 7 Purchased equipment for $27,600 cash. 11 Paid $3,600 for a 1-year insurance policy. 14 Paid accounts payable of $12,400. 18 Declared cash dividends of $4,300. Additional information: As of February 1, 2022, current assets were $134,190, and current liabilities were $49,700. 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.)