Tollowing is adapted from tawara Allen's September 30, 2016, triar Dalance, cine amounts snown represent millions of dollars.) Accounts Payable Accounts Receivable Cash Conmon Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $ 128 29 138 28 370 174 230 1 38 385 39 70 Assume that the following events occurred in the following quarter. a. Paid $30 cash for additional inventory b. Issued additional shares of common stock for $10 in cash. c. Purchased equipment for $200 paid $95 in cash and signed a note to pay the remaining $105 in two years, d. Signed a short-term note to borrow $14 cash. e. Conducted negotiations to purchase a sawmill which is expected to cost $36. 7-0. Use your response to part 6 to calculate Edward Allen's current ratio after the transactions listed in (a)-(e) (Round your answer to 2 decimal places.) Current ratio for the transactions (0)