Plum Corporation began the month of May with $1,300,000 of current assets, a current ratio of 1.80:1, and an acid-test ratio of 1.40:1. 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.
May 8	Sold merchandise inventory that cost $45,000 for $150,000 cash.
May 10	Collected $23,000 cash on an account receivable.
May 15	Paid $31,500 cash to settle an account payable.
May 17	Wrote off a $5,000 bad debt against the Allowance for Doubtful Accounts account.
May 22	Declared a $1 per share cash dividend on its 58,000 shares of outstanding common stock.
May 26	Paid the dividend declared on May 22.
May 27	Borrowed $115,000 cash by giving the bank a 30-day, 10% note.
May 28	Borrowed $130,000 cash by signing a long-term secured note.
May 29	Used the $245,000 cash proceeds from the notes to buy new machinery.

Required:

Complete the table below showing Plum's (1) current ratio, (2) acid-test ratio, and (3) working capital after each transaction.

Note: Do not round intermediate calculations. Round your ratios to 2 decimal places and the working capitals to nearest dollar amount. Amounts to be deducted should be indicated with a minus sign.