Print Item Lffect of Transactions on Current Data pertaining to the current position of Lucroy Industries Inc are as follows: Cash Marketable securities Accounts and notes receivable (net) Inventories Prepaid expenses Accounts payable $402,500 185,000 35,000 750,000 46,000 180,000 250,000 300,000 Accrued expenses Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place a. Working capital b. Current ratio C. Quick ratio 2. Compute the working capital, the current ratio, and the quick ratio after 988, 1.3 each of the following transactions, and record the results in the appropriate transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place columns. Consider each Transaction a. Sold marketable securities at no pain or loss, $50,000 Working Capital Current Ratio Quick Ratio 988,500 c. Quick ratio 1.3 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. Ratio 1.3 b. Paid accounts payable, $135,000. c. Purchased goods on account, $130,000. d. Paid notes payable, $110,000. e. Declared a cash dividend, $145,000. f. Declared a common stock dividend on common stock, $50,000. g. Borrowed cash from bank on a long-term note, $215,000 Issued additional shares of stock for cash, $620,000. . Paid cash for prepaid expenses, $13,000