2.3 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. Transaction Working Capital Current Ratio Quick Ratio a. Sold marketable securities at no gain or loss, $70,000 953,000 1.2 b. Paid accounts payable, $145,000 Purchased goods on account, $100,000 d. Paid notes payable, $110,000 e. Dedared cash dividend, $135,000 1. Declared a common stock dividend on common stock, 535,000. 9. Borrowed cash from bank on a long-term note, $200,000 h. Received cash on account $130,000 Issued additional shares of stock for cash, 550,000 Paid cash for prepaid expenses, 59,000