please help me complete the chart
Plum Corporation began the month of May with $700,000 of current assets, a current ratio of 2.50:1, and an acid-test ratio of 1.10:1. During the month it completed the following transactions (the company uses a perpetual inventory system). May 2 Purchased $50,000 of merchandise inventory on credit. 8 Sold merchandise inventory that cost $55,000 for $110,000 cash. 10 Collected $20,000 cash on an account receivable. 15 Paid $22,000 cash to settle an account payable. 17 Wrote off a $5,000 bad debt against the Allowance for Doubtful Accounts account. 22 Declared a $1 per share cash dividend on its 50,000 shares of outstanding common stock. 26 Paid the dividend declared on May 22. 27 Borrowed $100,000 cash by giving the bank a 30-day, 108 note. 28 Borrowed $80,000 cash by signing a long-term secured note. 29 Used the $180,000 cash proceeds from the notes to buy new machinery. Required: Complete the table below showing Plum's (1) current ratio, (2) acld-test ratio, and (3) working capital after each transaction. (Do not round intermediate calculations. Round your ratios to 2 decimal places and the working capitals to nearest dollar amount. Subtracted amount should be indicated with a minus sign.) Transaction Current Assets Quick Assets Current Liabilities Current Ratio Acid-Test Ratio Working Capital Beginning $ 700,000 $ 308,000 $ 280,000 2.50 1.10 $ 420,000 May 2 50,000 50,000 Balance 308,000 330,000 2.27 0.93 750,000 (55,000) 420,000 May 8 110,000 Balance 695,000 418,000 330,000 2.44 1.27 475,000 May 10 Balance 2.44 1.27 475,000 695,000 (22,000) 418,000 (22,000) 330,000 (22,000) May 15 Balance 673,000 396,000 308,000 2.54 1.29 475,000 May 17 Balance 673,000 396,000 2.54 1.29 475,000 308,000 50,000 May 22 Balance 2.19 1.11 425,000 673,000 (50,000) 396,000 (50,000) 358,000 (50,000) May 26 UOIOIO Vivuu JOU UUUUUU 1.40 I.VU May 17 Balance 673,000 396,000 2.54 1.29 475,000 May 22 308,000 50,000 Balance 673,000 (50,000) 2.19 1.11 396,000 (50,000) 425,000 May 26 358,000 (50,000) Balance 623,000 100,000 2.38 346,000 100,000 1.12 May 27 308,000 100,000 425,000 Balance 408.000 2.04 723,000 80,000 1.09 446,000 80,000 425.000 May 28 Balance 803,000 408,000 2.24 1.29 526.000 (180,000) 505,000 May 29 (180,000) 623,000 Balance 346,000 408,000 1.80 0.85 $ 325,000