The president of Metlock, Inc. asks if you could indicate the impact certain transactions have on the following ratios. Complete the table, indicating whether each transaction will increase, decrease, or have no effect on the specific ratios provided for Metlock, Inc.. Average Collecti Transaction Current Ratio (2:1) Accounts Receivable Turnover (10X) (36.5 day Received $6,200 on cash sale. The cost of the goods sold was $3,224 Recorded bad debt expense of $620 using allowance method. Wrote off a $124 account receivable as uncollectible (Uses allowance method.) Recorded $3,100 sales on account. The cost of the goods sold was $1,860