a northea Yo Question Completion Status: The following items are taken from the financial statements of Grove Company for 2017 Accounts payable Accounts receivable $18,500 8,000 4800 Accumulated depreciation-equipment Bonds payable Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Interest expense Patents 18,000 24,000 25,000 27,000 4,800 5,300 44,000 2,500 7,500 16,000 5,200 50,500 4,500 Retained earnings, January 1 Salaries and wages expense Sales revenue Supplies Instructions (a) Prepare an income statement and a classified balance sheet for Grove Company. b) Compute the following ratios and values: 1. Current ratio 2. Debt to assets ratico 3. Working capital 4. Earnings per share (Grove's average number of shares outstanding during the year was 5,000.) and to sove and subonit Chck Save All Ansuers to save all ansacers MacBook Ai