John Tell created Tennis Rackets, a proprietorship, in 2015. Tennis Rackets produced a post- closing trial balance on December 31 2018, which included the following: Tennis Rackets Post-Closing Trial Balance December 31, 2018 ACCOUNT DEBIT CREDIT Cash $ 30,000 Accounts Receivable 80,000 Supplies 5,000 Prepaid Insurance 6,000 Office Equipment 130,000 Accumulated Amortization, Office Equipment $ 60,000 Building 300,000 Accumulated Amortization, Building 45,000 Land 400.000 Accounts Payable 49,000 Salary Payable 80,000 Unearned Service Revenue 25,000 Note Payable, Long Term 55,000 Mortgage Payable 450,000 John Tell, Capital 187,000 Total $ 951,000 $ 951,000 Required: A. Prepare a December 31, 2018 classified balance sheet for Tennis Rackets. B. Calculate Tennis Rackets' current ratio and debt ratio at December 31, 2018. Note that 1 year ago, the current ratio was 1.25, and the debt ratio was 0.96. Did Tennis Rackets' ability to pay debts improve or deteriorate during 2018