On January 1, 5G Company reported current assets of $115,200 and current liabilities of $96,000. Compute total current assets, total current liabilities, and the current ratio at January 1 and after each of the following transactions. (Round current ratio to two decimal places. Amounts to be deducted should be indicated with a minus sign.) January 5 Purchased equipment to be used in operations for $28,800 cash. January 12 Paid $8,000 cash for accounts payable. January 18 Acquired a building in exchange for a $158,400 long-term note payable, first payment to occur in 3 years. January 22 Purchased $19,200 of merchandise on credit, terms n/45. January 31 Sold outdated machinery for $20,320 cash. January 1 January 5 Date Balance, January 5 January 12 Balance, January 12 January 18 Balance, January 181 January 22 Balance, January 22 January 31 Balance, January 31 Current Assets Current Liabilities Current Ratio