On June 30 , Year 3, Munoz Company's total current assets were $500,500 and its total current liabilities were $271,000. On July 1 , Year 3, Munoz issued a short-term note to a bank for $38,000 cash. Required a. Compute Munoz's working capital before and after issuing the note. b. Compute Munoz's current ratio before and after issuing the note. Note: Round your answers to 2 decimal places