On January 1, 5G Company reported current assets of $194,400 and current liabilities of $162,000. Compute total current assets, total current liabilities, and the current ratio at January 1 and after each of the following transactions.

January 5	Purchased equipment to be used in operations for $48,600 cash.
January 12	Paid $13,500 cash for accounts payable.
January 18	Acquired a building in exchange for a $267,300 long-term note payable, first payment to occur in 3 years.
January 22	Purchased $32,400 of merchandise on credit, terms n/45.
January 31	Sold outdated machinery for $34,290 cash.

Transaction Date	Current Assets	Current Liabilities	Current Ratio
Beginning Balance, January 1
January 5
Balance, after January 5
January 12
Balance, after January 12
January 18
Balance, after January 18
January 22
Balance, after January 22
January 31
Balance, after January 31