The balance sheet of Mister Ribs Restaurant reports current assets of $30,000 and current liabilities of $15,000. Calculate the current ratio of Mister Ribs Restaurant and determine whether it will increase or decrease as a result of the following transactions. Consider each item, (a)(d), Independent of the others. a. Paid $2,000 cash for a new oven. b. Received a $2,000 cash contribution from an investor for the company's common stock c. Borrowed $5,000 cash from a bank, Issuing a note that must be repaid in three years. d. Purchased $500 of napkins, paper cups, and other disposable supplies on account Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Calculate the current ratio and determine whether it will increase, degrease, or remain the same. Purchased $500 of napkins, paper cups, and other disposable supplies on account. Effect Numerator Denominator Current Ratio Current Assets Current Liabilities $ 30,000 $ 15,500 1.94 Decrease