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 Adjusted Account Balance* Accounts payable $ 9,200 Accumulated depreciation, building 25,100 Accumulated depreciation, furniture 3,600 Advertising expense 16,300 Building 592,000 Cash 17,100 Depreciation expense, building 25,100 Depreciation expense, furniture 3,600 Furniture 43,000 Interest expense 10,270 Interest payable 890 Janitorial expense 41,100 Land 111,000 Long-term notes payable 363,000 Notes receivable, due 2023 144,000 Office salaries expense 127,125 Office supplies 710 Office supplies expense 6,200 Brand name 3,100 Prepaid advertising 410 Rent revenue 399,400 Rent receivable 16,100 Salaries payable 2,675 Utilities expense 36,820 Wyett North, capital 418,170 Wyett North, withdrawals 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.

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.

3. Calculate the current ratio and the debt to equity ratio. (Round the final answers to 2 decimal places.)