On June 30, Year 3, Franklin Company's total current assets were $497,500 and its total current liabilities were $276,000. On July 1, Year 3, Franklin issued a short-term note to a bank for $41,600 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 2 decimal places.) Before the transaction After the transaction a. Working capital b. Current ratio