Suppose the following financial data were reported by $3$M Company for $2021$ and $2022($dollars in millions$).$

$($a$)$

Calculate the current ratio and working capital for $3M$ for $2021$ and $2022.($Round current ratio to $2$ decimal places, eg$.1\mathrm{.}25$:$1.$

Enter working capital answers to million.$)$

Current ratio

$2021$

:$1$

$2022$

:$1$

Working capital

$2021$

$

million

$2022$

$

million

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$($b$)$

Suppose that at the end of $2022,3$ M management used $$196$ million cash to pay off $$196$ million of accounts payable. How

would its current ratio and working capital have changed? $($Round current ratio to $2$ decimal places, eg$.1\mathrm{.}25$:$1.$ Enter working

capital answer to million.$)$