An alphabetical list of the adjusted trial balance accounts for North Country Rentals after its first year of operations ending March $31,2023,$ is shown below:

Account Adjusted

Account Balance$*$

Accounts payable $ $8,400$

Accumulated depreciation, building $24,300$

Accumulated depreciation, furniture $2,800$

Advertising expense $15,500$

Building $584,000$

Cash $16,300$

Depreciation expense, building $24,300$

Depreciation expense, furniture $2,800$

Furniture $41,400$

Interest expense $10,190$

Interest payable $730$

Janitorial expense $40,300$

Land $103,000$

Long$-$term notes payable $355,000$

Notes receivable, due $2026136,000$

Office salaries expense $123,125$

Office supplies $630$

Office supplies expense $5,400$

Brand name $2,300$

Prepaid advertising $330$

Rent revenue $391,400$

Rent receivable $15,300$

Salaries payable $2,275$

Utilities expense $36,020$

Wyett North, capital $399,290$

Wyett North, withdrawals $27,300$

$*$Assume all accounts have a normal balance.

Required:

$1.$ Calculate the capital balance as it would appear on the March $31,2023,$ balance sheet.

$2.$ Prepare a classified balance sheet. Assume that $$211,500$ of the Long$-$Term Notes Payable will be paid during the year ended March $31,2024.$ Also, $$51,500$ of the notes receivable will be collected by March $31,2024.$

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