On June $30,$ Year $3,$ Jordan Company's total current assets were $$503,000$ and its total current liabilities were $$271,500.$ On July $1,$ Year $3,$ Jordan issued a long$-$term note to a bank for $$40,600$ cash.

Required

a$.$ Compute Jordan's working capital before and after issuing the note.

b$.$ Compute Jordan's current ratio before and after issuing the note.

Note: Round your answers to $1$ decimal place.

$\backslash$table$[[,\backslash$table$[[$Before the$],[$transaction$]],\backslash$table$[[$After the$],[$transaction$]]],[$a$.$ Working capital,,$],[$b$.$ Current ratio,,$]]$