On June 30, Year 3, Fanning Company's total current assets were $499,500 and its total cutrent liabilities were $279,500. On July 1 , Year 3, Fanning issued a fong-term note to a bank for $40,200 cash. Required a. Compute Fanning's working capital before and after issuing the note. b. Compute Fanning's current ratio before and after issuing the note. Note: Round your answers to 1 decimal ploce