Required: Prepare a table, similar to the following, showing the company's (1) current ratio, (2) acid-test ratio, and (3) wo ratio, and (3) working capital after each transrking capital after each transaction. Round ratios to two decimals. TAB cool Current Quick Current Current Acid Test Working 2 Transaction Amets Assets Libilities Ratio Ratio Capital 3 Beginning $300,000 - - 2.50 1.40 - Information: Koto Corporation began the month of June with $300,000 of current assets, a current ratio of 2.5:1, and an acid-test ratio of 1.4.1. During the month, it completed the following transactions (the company uses a perpetual inventory system) June 1 3 Sold merchIndise inventory that cost $75,000 for $120,000 cash. Collected $88,000 cash on an account receivable. 5 Purchased $150,000 of merchandise inventory on credit 7 Borrowed $100.000 cash by giving the bank a 60-day, 10% note. 10 Borrowed $120.000 cash by signing a long-term secured note 12 Purchased machinery for $275,000 cash. 15 Declared a S1 per share cash dividend on its 80,000 shares of outstanding common stock 19 Wrote off a $5,000 bad debt against the Allowance for Doubtful Accounts account. 22 Paid S12,000 cash to settle an account payable. 30 Paid the dividend declared on June 15