Queens Corporation has current assets of $500,000 and current liabilities of $325,000. Compute the effect of each of the following transactions on Falcon's current ratio: Q3.a. Refinanced a $60,000 long-term loan with a short-term note (3 points) Q3.b. Purchasing $58,000 of merchandise inventory with short-term accounts payable (3 points) Q3.c. Paying $50,000 of short-term accounts payable (3 points) Q3.d. Collecting $70,000 of short-term accounts receivable (3 points) CD