Plum Corporation began the month of May with $1,000,000 of current assets, a current ratio of 2.10:1, and an acid-test ratio of 1.60:1. During the month, it completed the following transactions (the company uses a perpetual inventory system).

May		2		Purchased $75,000 of merchandise inventory on credit.
		8		Sold merchandise inventory that cost $55,000 for $130,000 cash.
		10		Collected $22,000 cash on an account receivable.
		15		Paid $24,500 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 60,000 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, 10% note.
		28		Borrowed $120,000 cash by signing a long-term secured note.
		29		Used the $220,000 cash proceeds from the notes to buy new machinery.

Complete the table below showing Plum's (1) current ratio, (2) acid-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.)

Current Liabilities Current Quick Assets Current Ratio Acid-Test Ratio Working Capital Transaction Assets $ 761,905 $ 523,810 $ Beginning 1,000,000 476,190 2.10 1.60 75,000 75,000 May 2 1,075,000 551,190 Balance May 8 Balance May 10 Balance May 15 Balance May 17 Balance May 22 Balance May 26 Balance 1.52 May 27 Balance May 28 Balance 1.64 May 29 Balance