On June 30, Year 3, Walton Company's total current assets were $505,000 and its total current liabilities were $278,000. On July 1, Year 3, Walton issued a short-term note to a bank for $40,600 cash. Required a. Compute Walton's working capital before and after issuing the note. b. Compute Walton's current ratio before and after issuing the note. (Round your answers to 2 decimal places.) Before the transaction After the i transaction Working capital b. Current ratio