Question Five (20 points) Gammar Corporation has current assets of $90,000 and current liabilities of $180,000. Required: Compute the effect of each of the following independent transactions on Gammar's current ratio: (Round your answers to 2 decimal places. 1. Refinancing a $30,000 long-term mortgage with a short-term note. (5 points) 2. Purchasing $50,000 of merchandise inventory with short-term accounts payable. (5 points) 3. Paying $20,000 of short-term accounts payable. (5 points) 4. Collecting $10,000 of short-term accounts receivable. (5 points)