Required: Assume that the following events occurred in the following quarter, which ended September 30, 2019. a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e. Conducted negotiations to purchase a farm, which is expected to cost $15. Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Balance Sheet Current Ratio Calculate the Current Ratio and analyze the impact of the current ratio. Calculate Shake Shack Incorporated's current ratio at September 26, 2019, prior to the transactions listed above. (Round your answer to 2 decimal places.) Current Ratio -(e) Calculate Shake Shack Incorporated's C This is a numeric cell, so please enter numbers only. (Round your answer to 2 decimal places Current ratio after transactions (a)-(e) Based on the current ratios calculated above, indicate whether the above transactions increased or decreased the company's ability to pay current liabilities. Increased Decreased Required: Assume that the following events occurred in the following quarter, which ended September 30, 2019. a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e. Conducted negotiations to purchase a farm, which is expected to cost $15. Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Balance Sheet Current Ratio Calculate the Current Ratio and analyze the impact of the current ratio. Calculate Shake Shack Incorporated's current ratio at September 26, 2019, prior to the transactions listed above. (Round your answer to 2 decimal places.) Current Ratio -(e) Calculate Shake Shack Incorporated's C This is a numeric cell, so please enter numbers only. (Round your answer to 2 decimal places Current ratio after transactions (a)-(e) Based on the current ratios calculated above, indicate whether the above transactions increased or decreased the company's ability to pay current liabilities. Increased Decreased