On June 30. Year 3, Rooney Company's total current assets were $501,000 and its total current liabilities were $278,500. On July 1, Year 3, Rooney Issued a short-term note to a bank for $40,400 cash. Required a. Compute Rooney's working capital before and after Issuing the note. b. Compute Rooney's current ratio before and after Issuing the note. (Round your answers to 2 decimal places.) a. Working capital b. Current ratio Before the transaction After the transaction