Plum Corporation began the month of May with $1,400,000 of current assets, a current ratio of 1.90:1, and an acid-test ratio of 1.20:1. During the month, it completed the following transactions (the company uses a perpetual inventory system). May 2 Purchased $65,000 of merchandise inventory on credit. May 8 Sold merchandise inventory that cost $60,000 for $155,000 cash. May 10 Collected $27,000 cash on an account receivable. May 15 Paid $29,000 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 69,000 shares of outstanding common stock. May 26 Paid the dividend declared on May 22. May 27 Borrowed $105,000 cash by giving the bank a 30 -day, 10% note. May 28 Borrowed $125,000 cash by signing a long-term secured note. May 29 Used the $230,000 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. (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.)