ine rotlowing items are taken rom the aajustea trial balance of butch video Productions at uecember 1, " 2021: Time left 1:19:12 $ Accounts Payable 15,000 Accounts Receivable 11,000 Accumulated Depreciation-Video Equipment 28,000 Advertising Expense 21,000 Cash 24,000 Depreciation Expense 12,000 J. Sutch, capital 102,000 J. Sutch, drawings 15,000 Insurance Expense 3,000 Note Payable (due 2023) 70,000 Prepaid Insurance 6,000 Rent Expense 17,000 Salaries Expense 34,000 Salaries Payable 3,000 Service Revenue 145,000 Supplies 4,000 Supplies Expense Video Equipment 6,000 210,000 Salaries Expense Tel Note Payable (due 2023) 70,000 Prepaid Insurance 6,000 Rent Expense 17,000 34,000 3,000 145,000 4,000 6,000 210,000 Salaries Payable. Service Revenue Supplies Supplies Expense Video Equipment Instructions a) Calculate the profit. b) Calculate the balance of owner's equity that would appear on a balance sheet at December 31, 2021. c) Prepare a classified balance sheet for Sutch Video Productions at December 31, 2021. d) Calculate the working capital and the current ratio. Which of the two measures is preferable for comparing Sutch's liquidity with competitors"? e) Calculate the acid-test ratio for the company. What could the company do to improve this ratio?