The chief financial officer (CFO) of Bramble Corporation requested that the accounting department prepare a preliminary statement of financial position on December 30, 2018, so that the CFO could get an idea of how the company stood. He knows that certain debt agreements with its creditors require the company to maintain a current ratio of at least 2.1. The preliminary statement of financial position is as follows. BRAMBLE CORP Statement of Financial Position December 30, 2018 Assets Liabilities and Shareholders' Equity Current assets Current liabilities Cash $31,000 Accounts payable $26,000 Accounts receivable 31,000 Salaries payable 15,800 $41,800 Prepaid insurance 11,568 $73,568 Non-current liabilities Property, plant, and equipment (net) 194,432 Bank loan payable 84,900 Total assets $268.000 Total liabilities 126,700 Shareholders' equity Common shares 100,500 Retained earnings 40,800 141,300 Total liabilities and shareholders' equity $268,000 Calculate the current ratio and working capital based on the preliminary statement of financial position at December 30, 2018. (Round current ratio to 1 decimal place, eg. 2.1.) Current ratio : 1 Working capital $ Based on the results in (a), the CFO requested that $25,200 of cash be used to pay some of the balance of the accounts payable account on December 31, 2018 Calculate the new current ratio and working capital after the company takes these actions. (Round current ratio to 1 decimal place, e.g. 2.1.) Current ratio :1 Working capital $