Required information [The following information applies to the questions displayed below.) Trisha Allen Interiors Incorporated is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Trisha Allen's June 30, 2019, trial balance. (The amounts shown represent millions of dollars.) 5128 29 138 20 Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable long-term) Notes Payable (short-term Prepaid Rent Retained Earnings Salaries and Wages Payable Software 370 174 230 1 30 385 39 70 Assume that the following events occurred in the following quarter. a Pald $30 cash for additional inventory Issued additional shares of common stock for $10 In cash. c. Purchased equipment for $200 paid $95 in cash and signed a note to pay the remaining S105 in two years. d. Signed a short-term note to borrow $14 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $36 7-a. Use your response to part 6 to calculate Trisha Allen's current ratio after the transactions listed in (a)-(el 7-b. Compare Ethan Allen's current ratio at June 30, 2019 with its current ratio after the transactions listed in (a)-le and indicate whether the transactions increased or decreased the company's ability to pay current liabilities Complete this question by entering your answers in the tabs below. Reg 2A Req 75 Use your response to part 6 to calculate Trisha Allen's current ratio after the transactions listed in (a)-(e). (Round your answer to 2 decimal places.) Current ratio alteracions) RATA Roq78 >