Question 23 Use the information below to construct a balance sheet for January 1, 2019. Then answer the questions that follow. Accounts payable $12,000 Accounts receivable $8,250 Accrued interest on land loan of $2,000 Breeding livestock (raised) $165,000 Checking account balance $17,500 Crops $125,000 Machinery and equipment S275,000 Market livestock S115,000 Net present value of land $1,500,000 Principal loan payment on land of $40,000 leaving a remaining balance of $920,000 Taxes payable $17,000 Which of the three financial indicators calculated in 6-8 above is/are a measure of solvency, if any? [9] If we were to only consider the current ratio, which financial position would this firm be in? [10] What was the farm's current ratio? [6] What was the farm's working capital? [7] What was the farm's debt to equity ratio? [8] Which of the three financial indicators calculated in 6-8 above is/are a measure of solvency, if any? [9] If we were to only consider the current ratio, which financial position would this firm be in? [10]