The King Carpet Company has $2,800,000$ in cash a total of $11,040,000$ in current assets. The firms current liabilities equals to $5,550,000$such that the firms current ratio is $2\mathrm{.}0.$ The$$ company's managers want to reduce the$$ firm's cash holdings down to $ $1200000$ by paying $ $534,000$ in cash to expand the$$ firm's truck fleet and using $ $1066000$ in cash to retire a$$ short$-$term note. If they carry this plan$$ through, what will happen to the$$ firm's current$$ ratio?