On June 30, Year 3, Benson Companys total current assets were $496,500 and its total current liabilities were $273,500. On July 1, Year 3, Benson issued a long-term note to a bank for $40,600 cash.

Required a. Compute Bensons working capital before and after issuing the note.

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