Halifax Fisheries Inc. began the month of March with $771,000 of current assets, a current ratio of 2.5 to 1, and a quick ratio of 11 to 1 During the month, it completed the following transactions: Mar. 6 Bought $87,100 of merchandise on account. The company uses perpetual inventory system.) 11 Sold merchandise that cost 72,200 for $123,500. 15 Collected a 31,100 account receivable. 17 Paid a $33,100 account payable. 19 wrote off a $15,100 bad debt against Allowance for Doubtful Accounts. 24 Declared a $2.30 per share cash dividend on the 42,100 outstanding common shares 28 Paid the dividend declared on March 24. 29 Borrowed $95,500 by giving the bank a 30-day, 20% note 30 Borrowed 5121,000 by signing a long terre secured note 31 Used the $216,500 proceeds of the notes to buy additional machinery Required: Prepare a schedule showing Halifax Fisheries Inc's current ratio, quick ratio, and working capital after each of the transactions. (Round ratios to 2 decimal places and other final answers to nearest whole dollar.) Quick Ratio Working Capital Current Ratio Current Liabilities Quick Assets Current Assets Transaction 1 1 Beginning Mar 6 1 Required: Prepare a schedule showing Holfax Fisheries Inc.'s current ratio, quick ratio, and working capital after each of the transactions (Round ratios to 2 decimal places and other final answers to nearest whole dollar) Transaction Current Assets Quick Assets Current Liabilities Current Ratio Quick Ratio Working Capital 1 2000 Beginning Mar 6 Bal Mar 11 1 Bai Mar 15 1 1 B Mo 17 Bal Mar 19 Bal Mar 94 Bal Mar 21 Bat Mar 29 1 + 1 1 1 1 1 M 1 M 15 1 Bal Mar 11 - Mar 10 + Mar 24 1 M2 1 20 M50 1 EN Mar 31 Dal