Assume Salter and knell the adises Lakeside seafood that statements must be changed tocolom GAAP At December 31, 2016. Lakesides accounts include the following lack the icon to view the accounts) 0 (ack the icon to vier addional normation) 1. Restate Lakeside's cument accounts to conform to GAAP (ahallenge) 2. Compute Lakeside s cument ratio and quick atio both betore and anter your comectons. 3 Determine Lakeside's comect net income for 2016 (Chaleng) Requirement 1. Restate Lakeside's curent accounts to conform to GAAP Challenge) Begin by selecting the accounts in order qisty orthe order they appear in the original rte the amounts to conform to GAAP Assume conserpesertedinthe data provided is in order of quidity Accounts receivable Less Anowanceloi uncollectible accounts Total cument assets Total current liabilities Requirements 2. Compute Lakesides current rato and quick (acid test ratio both before and aner your conections (Round she ratios to two decimal places) ouck (acid Menn raio Requirement 3 Determine Lakeside's comect net income for 2016 Choose from any list or enter any number in the input fields and then continue the neat queston Search the web and Windows