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-tern 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 $ 9,200 25,100 3,600 16,300 592,000 17,100 25, 100 3,600 43,000 10,270 890 41,100 111,000 363,000 144,000 127, 125 710 6,200 3,100 410 399,400 16,100 2,675 36,820 418,170 28,100 *Assume all accounts have a normal balance. Required: 1. Calculate the capital balance as it would appear on the March 31, 2020, balance sheet. Wyett North, capital 2. Prepare a classified balance sheet. Assume that $215.500 of the Long Term Notes Payable will be paid during the year ended March 31, 2021. Also $55.500 of the notes receivable will be collected by March 31, 2021 NORTH COUNTRY RENTALS Balance Sheet March 31, 2020 Assets Current Assets Cash Rent receivable Current portion of not receivable Office Supplies Prepaid advertising Total current assets Long-term investments Current portion of not receivable Property, plant and equipment Land Building Less. Accumulated depreciation Fumitur Less. Accumulated depreciation Total property, plant and equipment Intangible sota Brand name $ Total assets $ 0 Liabilities Current liabilities: Accounts payable Interest payable Salaries payable Current portion of notes payable 0 Total current liabilities Long-term liabilities: Current portion of roles payable Total liabilities $ Equity Wyatt North, capital Total liabies and equity $ 0 3. Calculate the current ratio and the debt to equity ratio. (Round the final answers to 2 decimal places.) 2 Current Ratio Debt to Equity Ratio