1) calculate the capital balance as it would appear.

2) prepare a classified balance sheet. Assume that $216,000 of the long term payable will be paid during the year ended march 31 2021 . Also $56,000 of the notes receievalbe will be collected by march 31,2021

3) calculate the current ratio and the debt to equity ratio

An alphabetical list of the adjusted trial balance accounts for North Country Rentals after its first year of operations ending March 31, 2020. is shown below: Account Accounts payable Accumulated depreciation, building Accumulated depreciation furniture Advertising expense Building Cash Depreciation expense, building Depreciation expense, Furniture Furniture Interest expense Interest payable Janitorial expense Land Long-term notes payable Notes receivable, due 2023 office salaries expense Office supplies Office Supplies expense Brand name Prepaid advertising Rent revenue Rent receivable Salaries payable Utilities expense Wyett North, capital Wyett North, withdrawals Adjusted Account Balance $ 9.300 25,200 3,700 16.400 593,000 17,200 25,200 3,700 43,200 10,280 880 41,200 112,000 364,000 145,000 127,625 720 6,300 3,200 420 400,400 16,200 2,725 36,920 420,560 28,280 "Assume all accounts have a normal balance. Required: 1. Calculate the capital balance as it would appear on the March 31, 2020. balance sheet