Rightway Products had a current ratio of 2.5 on June 30 of the current year. On that date, the company's assets were as follows: Cash Accounts receivable, net Inventory Prepaid expenses $ 80,000 460,000 750,000 10,000 Plant and equipment, net 1,900,000 $3,200,000 Total assets Required: 1. What was the company's working capital on June 30? (Omit the "$" sign in your response.) Working capital 2. What was the company's acid-test ratio on June 30? (Round your answer to 2 decimal places.) Acid-test ratio 3. The company paid an account payable of $100,000 immediately after June 30. a. What effect did this transaction have on working capital?