On June 30 , Year 3, Franklin Company's total current assets were $499,000 and its total current liabilities were $273,500. On July 1 , Year 3 , Franklin issued a long-term note to a bank for $41,000 cash. Required a. Compute Franklin's working capital before and after issuing the note. b. Compute Franklin's current ratio before and after issuing the note. (Round your answers to 1 decimal place.)