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The Sports Authority, Inc is a private full-line sporting goods retailer Assume one of the Sports Authority stores reported current assets of $83,980 and its current ratio was 1.70, and then completed the following transactions (1) paid $7,100 on accounts payable, (2) purchased a delivery truck for $15,000 cash, (3) wrote off a bad account receivable for $1,000, and (4) paid previously declared dividends in the amount of $20,000 Required: Compute the updated current ratio after each transaction by showing the cumulative effects of the transactions in the following table (Round your answers to 2 decimal places)