Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in millions). 2019 3M Company Balance Sheets (partial) 2020 Current assets Cash and cash equivalents $3,002 Accounts receivable, net 3,270 Inventories 2,681 Other current assets 1,880 Total current assets $10,833 Current liabilities $ 4,939 $1,887 3,155 3,026 1,533 $9,601 $5,887 (a) Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal places, e.g. 1.25 : 1.) Current ratio 2019 :1 :1 2020 2019 :1 2020 :1 Working capital 2019 million 2020 $ million (b) Suppose that at the end of 2020, 3M management used $190 million cash to pay off $190 million of accounts payable. How would its current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 1.25: 1.) Current ratio :1 Working capital $ million