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Oriole Incorporated had the following transactions involving current assets and current liabilities during February 2 0 2 2 . Feb. 3 Collected accounts receivable of

Oriole Incorporated had the following transactions involving current assets and current liabilities during February 2022.
Feb. 3 Collected accounts receivable of $14,000.
7 Purchased equipment for $27,100 cash.
11 Paid $3,300 for a 1-year insurance policy.
14 Paid accounts payable of $11,000.
18 Declared cash dividends of $-5x,600.
Additional information:
As of February 1,2022, current assets were $133,920, and current liabilities were $49,600.
Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, e.g.1.67.)
Current ratio
February 1
:1
February 3
:1
February 7
:1
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