Problem: Module 4 Textbook Problem 3 Learning Objective: 4-2 Calculate ratios for ossessing a company's liquidity On June 30, Year 3, Rundle Company's total current assets were $503,000 and its total current liabilities were $277.500. On July Year 3. Rundle issued a short-term note to a bank for $39,800 cash Required o. Compute Rundle's working capital before and after Issuing the note, b. Compute Rundle's current ratio before and after issuing the note. (Round your answers to 2 decimal places.) After the transaction Before the transaction $ 225,500 1 81 a Working capital Current ratio b