Question $3$ of $6$

Elle is a senior partner at Battery Ventures and is reviewing the financial position of Carroll Co$,$ an insurance company. Elle calculates the company's current ratio as part of

her analysis and how it changes for several transactions. Consider each of the following transactions in isolation. Which of these transactions, by itself, increased Carroll

Co's current ratio?

Collected $$34,750$ of cash from an account receivable

Purchased an executive office building for $$1,405,000$ cash

Issued $9,700$ shares of stock to shareholders in exchange for $$649,900$ cash

Declared and paid a cash dividend of $$280,000$