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Sage Hill Inc. had the following transactions involving current assets and current liabilities during February 2 0 2 2 . Feb. 3 Collected accounts receivable

Sage Hill Inc. had the following transactions involving current assets and current liabilities during February 2022.
Feb. 3 Collected accounts receivable of $14,600.
7 Purchased equipment for $39,800 cash.
11 Paid $3,900 for a 1-year insurance policy.
14 Paid accounts payable of $14,800.
18 Declared cash dividends, $6,100.
Additional information;
As of February 1,2022, current assets were $131,040 and current liabilities were $31,500.
Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal places, eg.1.83.)
Current ratio as of February 1,2022
Feb. 3
: 1
Feb. 7
:1
Feb. 11
:1
Feb. 14
:1
Feb. 18
:1
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