Suppose the following financial data were reported by 3M Company for 2018 and 2019 (dollars in millions). 3M Company Balance Sheets (partial) 2019 2018 Current assets Cash and cash equivalents Accounts receivable, net $ 3,002 3,270 2,681 1,880 $1,887 3,155 3,026 1,533 Inventories Other current assets Total current assets $10,833 $ 4,939 $9,601 $5,887 Current liabilities (a) Calculate the current ratio and working capital for 3M for 2018 and 2019. (Round current ratio to 2 decimal places, e.g. 1.25 : 1.) Current ratio 2018 :1 2019 :1 Working capital 2018 million 2019 million (b) Suppose that at the end of 2019, 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