Your answer is partially correct. Try again. 2019. Feb. 3 Collected accounts receivable of $13,100. 7 Purchased equipment for $39,000 cash. 11 Paid $2,100 for a 1-year insurance policy. 14 Paid accounts payable of $13,200. 18 Declared cash dividends, $8,900 Additional information: As of February 1, 2019, current assets were $128,800 and current liabilities were $31,900 Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e.g. 1.83: 1.) Current ratio as of February 1, 2014 Feb. 3 Feb. 7 4.04 4.04 2.82 :1 Feb. 11 2.75:1 Feb. 14 3.98 :1 Feb. 18 2.70 :1