On June 30, Year 3, Vernon Company's total current assets were $505,000 and its total current liabilities were $273,000. On July 1, Year 3, Vernon issued a short-term note to a bank for $40,000 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. (Round your answers to 2 decimal places.) Before the Transaction After the Transaction a. Working capital b. Current ratio