Question 15 The adjusted trial balance for Novakowski Company as at December 31, 2021 is as follows: NOVAKOWSKI COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $20,000 Accounts receivable 4,000 Prepaid insurance 7.000 Supplies 4,500 Equipment 48,000 Accumulated depreciation-equipment $ 4,800 Patents 7.500 Accumulated amortization-patent 1,500 Accounts payable 21,500 Bonds payable, due in 2023 18.000 M. Novakowski, capital 46,000 M. Novakowski, drawings 4,200 Service revenue 23,400 Salaries expense 5,200 Depreciation and amortization expense 6,300 Insurance expense 5,000 Interest expense 3.500 $115,200 $115,200 Instructions a) Prepare a classified balance sheet for Novakowski Company. b) Calculate working capital and the current and acid-test ratios for Novakowski Company