Plum Corporation began the month of May with $$700,000$ of current assets, a current ratio of $2\mathrm{.}50$:$1,$ and an acid$-$test ratio of $1\mathrm{.}10$:$1.$ 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.

May $8$ Sold merchandise inventory that cost $$55,000$ for $$110,000$ cash.

May $10$ Collected $$20,000$ cash on an account receivable.

May $15$ Paid $$22,000$ 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 $50,000$ shares of outstanding common stock.

May $26$ Paid the dividend declared on May $22.$

May $27$ Borrowed $$100,000$ cash by giving the bank a $30-$day, $10\%$ note.

May $28$ Borrowed $$80,000$ cash by signing a long$-$term secured note.

May $29$ Used the $$180,000$ cash proceeds from the notes to buy new machinery.

Required:

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