On June 30 , Year 3, Vernon Company's total current assets were $502,500 and its total current liabilities were $275,500. On July 1 , Year 3, Vernon issued a long-term note to a bank for $40,400 cash. Required a. Compute Vernon's working capital before and after issuing the note. b. Compute Vernon's current ratio before and after issuing the note. Note: Round your answers to 1 decimal place