Keener Incorporated had the following transactions occur involving current assets and current liabilities during February 201 Feb. 3 Accounts receivable of $ 14, 300 are collected. 7 Equipment is purchased for $27, 500 cash. 11 Paid $2, 400 for a 1-year insurance policy. 14 Accounts payable of $12, 200 are paid. 18 Cash dividends of $4, 900 are declared. Additional information: As of February 1, 2017, current assets were $134, 200, and current liabilities were $49,000. As of February 1, 2017, current assets included $14, 500 of inventory and $2, 900 of prepaid expenses. (a) Compute the current ratio as of the beginning of the month and after each transaction. (b) Compute the acid-test ratio as of the beginning of the month and after each transaction. (Round answers to 1 decimal place, e.g. 1.6.)