Norsk Optronlcs, ALS, of Bergen, Norway, had a current ratlo 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 acld$-$test ratio on June $30?($Round your answer to $2$ decimal places.$)$

The company pald an account payable of $$41,000$ Immedlately after June $30.$

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

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