Norsk Optronics, ALS, of Bergen, Norway, had a current ratio of $4$ on June $30$ of the current year. On that date, the company's assets

were:

Required:

What was the company's working capital on June $30?$

What was the company's acid$-$test ratio on June $30?($Round your answer to $2$ decimal places.$)$

The company paid an account payable of $$44,000$ immediately after June $30.$

a$.$ What effect did this transaction have on working capital?

b$.$ What effect did this transaction have on the current ratio? $($Round your intermediate calculations to $1$ decimal place.$)$