Required information [The following information applies to the questions displayed below.] Nicole has decided that she is going to start her business, Nicole's Getaway Spa (NGS). A lot has to be done when starting a new business. Here are some transactions that have occurred prior to April 30. a. Received $92,000 cash when issuing 9,200 new common shares. b. Purchased land by paying $5,500 cash and signing a note payable for $9,500 due in three years. c. Hired a new aesthetician for a salary of $2,200 a month, starting next month. d. NGS purchased a company car for $30,000 cash (list price of $33,000 ) to assist in running errands for the business. e. Bought and recelved $1,050 in supplies for the spa on credit. f. Paid $260 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $700. 4. Calculate the current ratio at April 30