LAW Hill Home Healthcare services was organized five years ago by four Niends who each invested 13.00 in the company and in tum were sued into 8,600 shares of $100 por value common stock To date, they are the only stockholders. At the end of laut year, the accounting records reflected total sets of $726.000 150.000 enth $502.000 and $67.000 eument and $100.000 brings totallaties of 5220.000 (shonte notes payable $102,000 and long term notes payable 518000). and holders equity of S606000 (521000 Common stock. 500,000 addtional pela in capital and 5402,000 retained carings During the current year the following sumimanzed events occurred Sod 10.700 additional shares of stock to the original organisers for a total of 100.000 cash b Parchased building for 561,000, equipment for $10.000, and four acres of land for $21000, Dalid 9000 cash and oneda note for me balance che in 15 years. Hint Five different accounts are affected Sold one acre of land acquired in for $5.250 cash to another company Purchased short term inwestments for $11.500 casa One Mockholder reported to the company that 390 shares of his East lock had been cold and transferred to another Clent one of the shareholders 55,400 for moving costs and received a signed, wmort note from the shareholder Required: 1. Was Lost Hill Home Healthcare Services organized as a sole proprietorship. partnership or a corporation 2. During the current year, the records of the company were inadequate. You were asked to prepare the summary of transactions shown above. To develop a quick assessment of their economic effects on East Hill Home Heathcare Services, you have decided to con ile the tabulation that follows and to use plus - for increases and minus - for decreases for each accou. The first evertis used as an example 4. Based only on the completed tabution, provide the following amounts. 3. Compute the current ratio for the current year Complete this wuestion by entering your answers in the tabs below. R2 Tere Required Daring the current year the records of the company degust. You were to rear my babe. To lepokofthelecom effects on Castillo Heathcare Service, you have cided to complete the tabulations that follows and to present for deres for each count. The first event emple Enter your sehen Required Watch the respeto per 1 (g cune year the records of the company were inadequate You were asked to prepare the how to develpack men of the economicetects on some care services. You have MONO come to and to store and mine for deres for each come pedag 4. Boston on the completed autorovi forewing amo 5. Con the current ratio for the current year Carmtete the energy in the the below. Het Homes During the many as the record of the company inadequate. You were to prepare the unmatrictions shown above.webga of the economie Hects on til Home Healthcare Services, you have decided to complete the tabulation that follows and tools and must for deres for each count. The first event is used aan en Bolt ede things Las hort Tengler No Notas Pay Pay 132.000 18.000 CE Pa Me 502.000 10000 67.000 40.000 B. 000 2000 19200 10.000 97.30 SEBE 10 Te 18000 302.000 0.000 57000 10.000.000 MTOTT 40200