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On June 30, Year 3, Adoms Company's total current assets were $503,500 and its total current liabalities were $270,500. On July 1, Yeat 3, Adams

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On June 30, Year 3, Adoms Company's total current assets were $503,500 and its total current liabalities were $270,500. On July 1, Yeat 3, Adams issued a long-term note to a bank for $41,200 cash. Required a. Compute Adams's working capital before and after issuing the note. b. Compute Adams's current ratio before and after lissulng the note. (Round your answers to 1 decimal place.)

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