On June 30, Year 3, Thornton Company's total current assets were $504,500 and its total current liabilities were $276,500. On July 1, Year 3, Thornton issued a long-term note to a bank for $39,600 cash. Required a. Compute Thornton's working capital before and after issuing the note. b. Compute Thornton's current ratio before and after issuing the note. (Round your answers to 1 decimal place.) Before the transaction After the transaction a. Working capital b. Current ratio