Sheridan Incorporated had the following transactions involving current assets and current liabilities during February 2025. Feb,3 Collected accounts receivable of $18,900. 7 Purchased equipment for $36,800 cash. 11 Paid $3,500 for a 1-year insurance policy. 14 Paid accounts payable of $14,500. 18 Declared cash dividends of $8,500. As of February 1,2025, current assets were $118.400 and current liabilities were $32,000. Compute the current ratio as of the beginning of the month and after each transaction. (Round answers to 2 decimal ploces, e. . 1.83: 1.) eTextbook and Media Assistance Used Attempts: 2 of 8 used Saved work will be auto-submitted on the due date. Auto submission can take up to 10 minutes