Please answer problem #8, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS NOT ANSWERED. Thank you!

Larkspur, Inc. had the following transactions involving current assets and current liabilities during February 2022. Feb. 3 7 11 Collected accounts receivable of $10,400. Purchased equipment for $42,900 cash. Paid $4,800 for a 1-year insurance policy. Paid accounts payable of $13,400. Declared cash dividends. $6,700. 14 18 Additional information: As of February 1, 2022, current assets were $133,500 and current liabilities were $35,500. Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, eg: 1.83: 1.) Current ratio as of February 1, 2014 3.76 :1 Feb. 3 3.76 :1 Feb. 7 2.55 :1 Feb. 11 :1 Feb. 14 :1 Feb. 18 :1