On January 1, 56 Company reported current assets of $201,600 and current labilities of $168,000. Compute total current assets, total current liablities, and the current ratio at January 1 and after each of the following transactions. Note: Round current ratio to two decimal places. Amounts to be deducted should be indicated with a minus sign. January 5 Purchased equipeent to be used in operations for $50,480 cash. January 12 paid $14,ee0 cash for accounts payable. January 18 Acculred a bullding in exchange for a $277,200 long-term note payable, first paysent to occur in 3 years. January 22 purchased $33,690 of nerchandise on credit, teras n/45. Janaary 31 sold cutdated machinery for $35,56 cash