Solve part B$.$ The answer is NOT $1\mathrm{.}79$:

At December $31,2024,5$harge Lee Corporation reported current assets of $$344,050$ and current liabilities of $$196,600.$ The following items may have been recorded incorrectly, Lee uses a perpetual inventory system.

Goods purchased costing $$20,440$ were shipped to b$.$ shipping point by a supplier $$n December $28.$ Lee received and reconded the invoice on December $29,2024,$ but the goods were not included in Lee's inventory because they were not recelved unt$11$ January $4,2025.$

Coods purchased costing $$15,950$ were shlipped tab. destination by a supplier on December $26.$ Lee recelved and recorded the invoice on December $31,$ but the goods were not included in Lee's $2024$ inventory because they were not received until Jinuary $2,2025.$

Goods held on comigment from Claudia Kishi Compary were included in Lee's December $31,2024,$ inventory at $$11,890.$Your answer is correct.

Compute the current ratio based on Lee's balance sheet. $($Round ratio to $2$ dedmal ploces, eg $2\mathrm{.}31-1)$

The current ratio $$ :$1$

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Attempts: unlimited

$($b$)$

Your answer is incorrect.

Recompute the current ratio after corrections we made. $($Round ratio to $2$ dechnol places. es$.2\mathrm{.}31$:$1)$

The current ratio $$ i$1$

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