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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

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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 Mecated depreciation, siding Accumulated depreciation, furniture Advertising expense huilding Cash Depreciation expense, building Depreciation expense, furniture Furniture Interest expense Interest payable Janitorial expense Long-tern notes payable Notes receivable, due 2023 Orice salaries expense Ottice supplies office supplies expense Seand name Prepaid advertising tent revenge Bent receivables Salaries payable Utilities expense Wyatt North, capital Nyett North, withdrawala Land Adjunted Account Balance $9.500 25,400 3,900 16.600 595,000 17,400 25,400 3.900 1,600 10,300 860 41.400 114.000 366.000 147.000 128,625 740 6.500 3.400 440 402.400 16,000 2,825 37. 120 425,340 28.400 "Assume all accounts have a normal balance Required: 1. Calculate the capital balance as it would appear on the March 31, 2020, balance sheet. wyer North Capital Assume all accounts have a normal balance Required: 1. Calculate the capital balance as it would appear on the March 31, 2020, balance sheet. Wyet North capital 2. Prepare a classified balance sheet. Assume that $217,000 of the Long Term Notes Payable will be paid during the year ended March 31, 2021. Also, $57,000 of the notes receivable will be collected by March 31, 2021 NORTH COUNTRY RENTALS Balance Sheet March 31, 2020 Assets Current 4 Total current assets Long-term investments Total current assets Long-term investments: Property, plant and equipment: Building Fumitura Total property, plant and equipment Intangible assets: Total assets Liabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Equity Total current abilities Long-term liabilities: Total Habilities Equity Total liabilities and equity 3. Calculate the current ratio and the debt to equity ratio. (Round the final answers to 2 decimal places.) Current Ratio Debt to Equity Ratio

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