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-term 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* $ 10,000 25,900 4,400 17,100 600,000 17,900 25,900 4,400 44,600 10,350 810 41,900 119,000 371,000 152,000 131,125 790 7,000 3,900 490 407,400 16,900 3,075 37,620 437,290 28,900 *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 $219,500 of the Long-Term Notes Payable will be paid during the year ended March 31, 2021. Also, $59,500 of the notes receivable will be collected by March 31, 2021. NORTH COUNTRY RENTALS Balance Sheet March 31, 2020 Assets Current assets: Total current assets Long-term investments: Property, plant and equipment: Building Furniture Total property, plant and equipment Intangible assets: Total assets Liabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities 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