Please show work

1. Given the following financial information, calculate the missing values. (1 Point) $1,000 Machinery and Equipment $95,000 Farm Real Estate Total Current Assets Total Current Liabilities Cash $75,000 Crop revenue $150,000 Grain inventory $17,500 Total operating expenses $14,000 Prepaid expenses Notes payable Accrued interest $27,000 Interest expense Supplies Debt Owner equity $200 $10,000 Accounts Payable $2,000 Cash investment in growing crops $800 NFIO $10,000 $500 Current Portion of Noncurrent Debt $1,500 Deferred Portion of Noncurrent $138,500 These are the answers. Show how these answers were calculated. 1. Grain inventory = $15,000; 2. Total operating expenses = $58,000; 3. Accrued interest - $500; 4. Deferred portion of long-term debt = $90,000