As of December 31, 2006, Aruba Corporation has a current ratio of 2.6:1 and working capital of $800,000. Aruba's total debt is 60% of its total assets. All of Aruba's long-term assets, which are exactly half of total assets, are properly categorized as property, plant, and equipment.

Instructions Prepare a summary classified balance sheet for Aruba Corporation at year-end 2006. (Hint:

First calculate Aruba's current asset and current liability amounts.)