Title btitieSubtle Em... Styles The Sports Authority, Inc. is a private full-line sporting goods retailer. Assume one of the Sports Authority stores reported current assets of $91,800 and its current ratio was 1.80, and then completed the following transactions:(1) paid $5,300 on accounts payable, (2) purchased a delivery truck for $13,500 cash, (3) wrote off a bad account receivable for $2,700, and (4) paid previously declared dividends in the amount of $28,500. Required; Compute the updated current ratio after each transaction, by showing the cumulative effects of the transactions iq, the following table. (Round your answers to 2 decimal places.)