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please assist with this Use the information in the following adjusted trial balance for the Wilson Trucking Company. Account Title Debit Credit Cash $ 8,500

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Use the information in the following adjusted trial balance for the Wilson Trucking Company. Account Title Debit Credit Cash $ 8,500 Accounts receivable 16,500 Office supplies 2,000 Trucks 196, 000 Accumulated depreciation-Trucks $ 40,376 Land 75, 000 Accounts payable 12, 500 Interest payable 3,000 Long-term notes payable 52, 000 K. Wilson, Capital 182, 712 K. Wilson, Withdrawals 19,000 Trucking fees earned 134,500 Depreciation expense-Trucks 26, 043 Salaries expense 63, 080 Office supplies expense 7,398 Repairs expense-Trucks 11, 567 Totals $425, 088 $425, 088 1. Calculate the current ratio. Assume that the industry average for the current ratio is 1.5. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio2. Compare Wilson's current ratio with the industry average. O Wilson's current ratio is below the industry average. O Wilson's current ratio is above the industry average

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