Question $3(25$ pts$)$: On Januaxx $1,5$G Companx reported current assets of $$194,400$ and

current liabilities of $$162,000.$ Compute total current assets, total current liabilities, and the

current ratio on danuarx $1$ and after each of the following transactions.

January $5$ Purchased squipment to be used in operations, for $$48,600$ cash.

Januarx $12$ Paid $$13,500$ cash for accounts paxable,

Januarx $18$ Acquired a building in exchange for a $$267,300$ loog$-$term aote,

paxable, first paxment to occur in $3$ vears.

January $22$ Purchased $$32,400$ of merchandise on credit, terms $\frac{n}{45}.$

January $31$ Sold outdated machinex fer $$34,290$ cash.

First, show the change $($with a $+/-$ signo$)$ in the CA & CL sections based on the transactions

proxided above. Then calculate the balance for CA & CL and calculate the current ratio after

the change. And obsexe how the current ratio fluctuates after each transaction.