Question 2 [15 points] Southgate Inc. had the following balances: Account 2014 2013 Cash $69,000 $98,000 Accounts receivable 93,000 134,000 Prepaid advertising 46,000 33,500 Trucks 126,000 138,000 Copyright 97,500 77,500 Accounts payable 20,000 31,500 Salaries payable 101,500 78,500 Short-term notes payable 87,000 76,500 Unearned rent 44,500 46,500 Long-term notes payable 97,000 174,000 Rent earned 115,000 88,500 Interest earned 28,000 20,000 Store supplies expense 61,500 34,500 a) Calculate the working capital for 2014 and 2013. Please make sure your final answer(s) are accurate to the nearest whole number. 2014 2013 Working capital b) Is the change in working capital favourable or unfavourable? The change in working capital is (select one). (select one) c) Calculate the current ratio for favourable unfavourable 13. Please make sure your final answer(s) are accurate to 2 decimal places. 2014 2013 Current ratio