M2-25 (Algo) Analyzing the Impact of Transactions on the Current Ratio [LO 2-5] BSO, Incorporated, has current assets of $1,100,000 and current liabilities of $550.000, resulting in a current ratio of 2.0 . Required: Calculate the current ratio and determine whether it will increase, decrease, or remain the same as a result of the following transactions. Consider each item; (a) to ( d ). Independent of the others. d. Purchased $45,000 of supplies on credit. b. Paid Accounts Payable in the amount of $75,000, c. Recorded $165,000 of cash contributed by a stockholder for common stock. d. Borrowed $300,000 from a local bank, to be repaid in 90 days. Complete this question by entering your answers in the tabs below. Calculate the current ratio and determine whether it will increase, decrease, or remain the same. Purchased $45, 000 of supplies on credit. Required: Calculate the current ratio and determine whether it will increase, decrease, or remain the same as a resuit of the following transactions. Consider each item, (a) to (d), independent of the others. a. Purchased $45,000 of supplies on credit. b. Pald Accounts Payable in the amount of $75,000. c. Recorded $165,000 of cash contributed by a stockholder for common stock. d. Borrowed $300,000 from a local bank, to be repaid in 90 days. Complete this question by entering your answers in the tabs below. Calculate the current ratio and determine whether it will increase, decrease, or remain the same, Pald Accounts Payable in the amount at $75,000. Complete this question by entering your answers in the tabs below. Calculate the current ratio and determine whether it will increase, decrease, or remain the same. Recorded $165,000 of cash contributed by a stockholder for common stock. Complete this question by entering your answers in the tabs below. Calculate the current ratio and determine whether it will increase, decrease, or remain the sime. Borrowed $300,000 from a local bank, to be repaid in 90 days