Please come pleter requirement $4,5$ and $6$ Assets:

Liabilities:

Stockholders' Equity:

Required:

Using the data from the $T-$accounts given, complete the accounting equation on January $1$ of the current year.

Prepare journal entries for transactions $($a$)$ through $($e$)$ for the current year.

a$.$ Borrowed $$10,000$ from a local bank, signing a note due in three years.

b$.$ Sold $$7,500$ of the investments for $$7,500$ cash.

c$.$ Sold one$-$half of the property and equipment for $$2,700$ in cash.

d$.$ Declared $$3,200$ in cash dividends to stockholders.

e$.$ Paid dividends to stockholders.

Enter the effects of the transactions in Requirement $2$ in the T$-$accounts.

Prepare a trial balance at December $31.$ Only include those accounts with a balance at year end.

Prepare a classified balance sheet at December $31$ of the current year.

Calculate the current ratio at December $31$ of the current year.