At December $31,2024,$ Sandra Robinson Corporation reported current assets of $\backslash$$$343,006$ and current liabilities of $\backslash$$$192,700.$ The following items may have been recorded incorrectly. Robinson uses a perpetual inventory system.

$1.$ Goods purchased costing $\backslash (\backslash$$ $21,660\backslash )$ were shipped f$.$o$.$b$.$ shipping point by a supplier on December $28.$ Robinson received and recorded the invoice on December $29,2024,$ but the goods were not included in Robinson's inventory because they were not received until January $4,2025.$

$2.$ Goods purchased costing $\backslash (\backslash$$ $15,240\backslash )$ were shipped f$.$o$.$b$.$ destination by a supplier on December $26.$ Robinson received and recorded the invoice on December $31,$ but the goods were not included in Robinson's $2024$ inventory because they were not received until January $2,2025.$

$3.$ Goods held on consignment from Claudia Kishi Company were included in Robinson's December $31,2024,$ inventory at $\backslash$$$12,670.$

$($a$)$

Your answer is correct.

Compute the current ratio based on Robinson's balance sheet. $($Round ratio to $2$ decimal places, e$.$g$.2\mathrm{.}31$:$1.)$

The current ratio

eTextbook and Media

$($b$)$

Recompute the current ratio after corrections are made. $($Round ratio to $2$ decimal places, e$.$g$.2\mathrm{.}31$:$1.)$

The current ratio

$($c$)$

By what amount will income $($before taxes$)$ be adjusted up or down as a result of the corrections?

Adjust income $\backslash$$