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Halifax Fisheries Inc. began the month of March with $760,000 of current assets, a current ratio of 2.5 to 1, and a quick ratio of 1.1 to 1. During the month, it completed the following transactions: Mar. 6 Bought $86,000 of merchandise on account. (The company uses a perpetual inventory system.) 11 Sold merchandise that cost $70,000 for $118,000. 15 Collected a $30,000 account receivable. 17 Paid a $32,000 account payable. 19 Wrote off a $14,000 bad debt against Allowance for Doubtful Accounts. 24 Declared a $1.75 per share cash dividend on the 41,000 outstanding common shares. 28 Paid the dividend declared on March 24. 29 Borrowed $90,000 by giving the bank a 30-day, 19% note. 30 Borrowed $110,000 by signing a long-term secured note. 31 Used the $200,000 proceeds of the notes to buy additional machinery. Required: Prepare a schedule showing Halifax Fisheries Inc.'s current ratio, quick ratio, and working capital after each of the transactions. (Roun ratios to 2 decimal places and other final answers to nearest whole dollar.) Transaction Current Assets Quick Assets Current Liabilities Current Ratio Quick Ratio Working Capital Beginning 1 1 Mar 6 Bal. 1 1 Mar. 11 Ball 1 Mar 15 Ral Transaction Current Assets Quick Assets Current Liabilities Current Ratio Quick Ratio Working Capital Beginning 1 1 Mar. 6 Bal 1 1 Mar. 11 Bal 1 1 Mar. 15 Bal. 1 1 Mar. 17 Bal 1 1 Mar. 19 Bal. 1 1 Mar 24 Bal 1 1 Mar. 28 Bal 1 1 Mar. 29 Bal 1 Mar 30 1 Bal 1 Mar 31 1 Bal 1