$($Liquidity Analysis$)$ The King Carpet Company has $$2,800,000$ in cash and a total of $$12,890,000$ in current

assets. The firm's current liabilities equal $$5,860,000$ such that the firm's current ratio equals $2\mathrm{.}2.$ The company's

managers want to reduce the firm's cash holdings down to $$1,180,000$ by paying $$538,000$ in cash to expand

the firm's truck fleet and using $$1,082,000$ in cash to retire a short$-$term note. If they carry this plan through, what

will happen to the firm's current ratio?

The new current ratio is $.($Round to one decimal place.$)$