1. Prepare the classified balance sheet of Lara O'Laughlin Dance Studio Company at August 31, 2024. Use the report form. You must compute the ending balance of O'Laughlin, Capital 2. Compute O'Laughlin's current ratio at August 31, 2024. One year ago, the current ratio was 1.59 . Indicate whether O'Laughlin's ability to pay current debts has improved, deteriorated, or remained the same. Lara O'Laughlin Danre studle ramma... The ad,usted trial balance of Lara OLaughin Dance Studio Company follows (Chick the icon fo viow the adjusted trial balanco) Read the requitements Begin by preparing the asset section of the balance sheot, then prepare the habuties section and thayy be owner's equty