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The adjusted trial balance of Sally O'Sullivan Dance Studio Company follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31, 2024. Use the report form. You must compute the ending balance of Retained Eamings. Begin by preparing the asset section of the balance sheet, then prepare the liabilities section and finally the stockholders' equity section. Data table Requirements 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31, 2024. Use the report form. You must compute the ending balance of Retained Earnings. 2. Compute O'Sullivan's current ratio at August 31, 2024. One year ago, the current ratio was 1.72. Indicate whether O'Sullivan's ability to pay current debts has improved, deteriorated, or remained the same