The King Carpet Company has $ $3,160,000$ in cash and a total of $ $11,390,000$ in current assets. The$$ firm's current liabilities equal $ $6,370,000$ such that the$$ firm's current ratio equals $1\mathrm{.}8.$ The$$ company's managers want to reduce the$$ firm's cash holdings down to $ $1,110,000$ by paying $ $565,000$ in cash to expand the$$ firm's truck fleet and using $ $1,485,000$ in cash to retire a$$ short$-$term note. If they carry this plan$$ through, what will happen to the$$ firm's current$$ ratio?