Pharoah Incorporated had the following transactions involving current assets and current liabilities during February 2025 Feb. 3 Collected accounts receivable of $16,400. 7 Purchased equipment for $29,200 cash. 11 Paid $2,800 for a 1 -year insurance policy. 14 Paid accounts payable of $14,300. 18 Declared cash dividends of $4,400. Additional information: As of February 1, 2025, current assets were $138,700 and current liabilities were $36,500. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, eg. 1.83: 1.) Additional information: As of February 1,2025, current assets were $138,700 and current liabilities were $36,500. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, e.g. 1.83:1. Current ratio as of February 1,2025 Feb. 3 Feb. 7 Feb. 11 Feb. 14 Feb. 18