i Data Table (In millions) | Total current assets $ ................ 15.5 15.8 Property, plant, equipment, and other.assets ..... | 31.3 || Total current liabilities 9.8 Total long-term liabilities 5.3 Total shareholders' equity | 16.2 31.3 $ Print Done a. Earned revenue, $2.5 million, on account. Now, include the a. transaction for 2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction a. is The debt ratio including transaction a. is b. Borrowed $6.0 million on long-term debt. Now, include the b. transaction for 2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction b. is The debt ratio including transaction b. is c. Paid half the current liabilities. Now, include the c. transaction for 2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction c. is The debt ratio including transaction c. is d. Paid selling expense of $0.5 million. Now, include the d. transaction for 2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction d. is The debt ratio including transaction d. is e. Accrued general expense of $0.7 million. Credit General Expense Payable, a current liability. Now, include the e. transaction for2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction e. is The debt ratio including transaction e. is f. Purchased equipment for $4.3 million, paying cash of $1.6 million, and signing a long-term note payable for $2.7 million. Now, include the f. transaction for 2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction f. is The debt ratio including transaction f. is g. Recorded depreciation expense of $0.3 million. Now, include the g. transaction for 2019 in our original ratio calculations at December 31, 2018. The current ratio including transaction g. is The debt ratio including transaction g. is Requirement 3. Complete the statements with either "increase" or "decrease". a. Revenues usually the current ratio. b. Revenues usually the debt ratio. c. Expenses usually the current ratio. (Note: depreciation is an exception to this rule.) d. Expenses usually the debt ratio. e. If a company's current ratio is greater than 1.0, as it is for Graham, paying off a current liability will always the current ratio. f. Borrowing money on long-term debt will always the current ratio and the debt ratio. (Assume the total assets always exceed the total liabilities.)