On June 30, 2018, Zachary Company's total current assets were $502,500 and its total current liabilities were $276,500. On July 1 2018, Zachary issued a short-term note to a bank for $40,200 cash. Required a. Compute Zachary's working capital before and after issuing the note. b. Compute Zachary's current ratio before and after issuing the note. (Round your answers to 2 decimal places.) Before the transaction After the transaction a. Working Capital b. Current Ratio On June 30, 2018, Baird Company's total current assets were $495,500 and its total current liabilities were $275,000. On July 1, 2018 Baird issued a long-term note to a bank for $41,400 cash. Required a. Compute Baird's working capital before and after issuing the note. b. Compute Baird's current ratio before and after issuing the note. (Round your answers to 1 decimal place.) Before the transaction After the transaction a. Working Capital b. Current Ratio