On June $30,$ Year $3,$ Vernon Company$$s total current assets were $$499,500$ and its total current liabilities were $$272,000.$ On July $1,$ Year $3,$ Vernon issued a long$-$term note to a bank for $$39,200$ cash.

Required

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

b$.$ Compute Vernon$$s current ratio before and after issuing the note. $($Round your answers to $1$ decimal place.$)$