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: Cash 5 62, 000 Accounts receivable, net 420, 000 Inventory 710, 000 Prepaid expenses 12, 000 Plant and equipment, net 1, 860, 000 Total assets $3,064,000 | Required: 1. What was the company's working capital on June 30? 2. What was the company's acidtest ratio on June 30? {Round your answer to 2 decimal places} 3. The company paid an account payable of $42,000 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.) Working capital 2. Acidtest ratio 33. ElTect on working capital 3b, Eect on current ratio