Metlock, Inc. had the following transactions involving current assets and current liabilities during February 2022.

Feb. 3		Collected accounts receivable of $17,600.
7		Purchased equipment for $28,200 cash.
11		Paid $4,700 for a 1-year insurance policy.
14		Paid accounts payable of $11,400.
18		Declared cash dividends, $8,200.

Additional information: As of February 1, 2022, current assets were $131,500 and current liabilities were $34,500.

Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e.g. 1.83 : 1.)

Additional information: As of February 1, 2022, current assets were $131,500 and current liabilities were $34,500. Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e.g. 1.83 : 1.) Current ratio as of February 1, 2014 :1 Feb. 3 :1 Feb. 7 :1 Feb. 11 :1 Feb. 14 :1 Feb. 18 :1