please show the work.

Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucroy Industries Inc. follow: Marketable securities Accounts and notes receivable (net) Inventories Prepaid expenses Accounts payable Notes payable (short-term) Accrued expenses $447,500 170,000 350,000 750,000 50,000 220,000 230,000 310,000 Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. a. Working capital b. Current ratio c. Quick ratio 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the ap- propriate 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 al no gain or loss, $80,000. D. Paid accounts payable, 5110,000. c. Purchased goods on account, $110,000. 17 d. Paid notes payable, $105,000 4. Declared e cash dividend. $125,000 1. Declared a common stock dividend on common stock, $50,000. 9. Borrowed cash from bank on a long-term note, $220,000. h. Received cash on account, $120,000. LLLLL 1. Issued additional shares of stock for cash, $565,000. J. Paid cash for prepaid expenses, $15,000