The king carpet company had $3,080,000 in cash and a total of $11,870,000 in current assets. The firms current liabilities equal $6,050,000 such that the firms current ratio equal 2.0. The companys manger want to reduce the firms cash holdings down to $1,030,000 by paying $559,000 in cash to expand the firms truck fleet and using $1,491,000 in cash to retire a short-term note. If they carry this plan through what will happen the firms current ratio