SportChek is Canadas largest retailer of sporting goods and sports apparel and footwear, with over 130 stores across the country. Assume one of the SportChek stores reported current assets of $95,000 and its current ratio was 1.68. Assume that the following transactions were completed:

1. Paid $5,300 on accounts payable.
2. Purchased a delivery truck for $13,500 cash.
3. Wrote off a bad account receivable for $1,300.
4. Paid previously declared dividends in the amount of $32,000.