NanoTech Solutions Ltd provided the following balance sheet information as of 31 December 2021:

• Cash: £30,000
• Accounts Receivable: £40,000
• Inventory: £60,000
• Property, Plant, and Equipment (net): £150,000
• Accounts Payable: £35,000
• Short-term Debt: £20,000
• Long-term Debt: £70,000
• Common Stock: £100,000
• Retained Earnings: £55,000

Requirements:

1. Prepare a classified balance sheet as of 31 December 2021.
2. Calculate the current ratio and debt-to-equity ratio.
3. Analyze the liquidity and financial stability of NanoTech Solutions Ltd based on the calculated ratios.