On June $30,$ Year $3,$ Perez Company's total current assets were $$499,500$ and its total current liabilities were $$275,000.$ On July $1,$ Year $3,$ Perez issued a short$-$term note to a bank for $$39,600$ cash.

Required

$0.$ Compute Perez's working capital before and after issuing the note.

b$.$ Compute Perez's current ratio before and after issuing the note. $($Round your answers to $2$ decimal places.$)$