Short Problem 3. Use the following information to fill in the Balance Sheet below and to answer the questions on the next page. Cash on Hand 50,000 Value of Machinery and Equip 250,000 Other Current Assets 100,000 Value breeding livestock 60,000 Value of Land $750,000 Loans on Machinery and Equipment --Due this year 25,000 Buildings 55,000 -- Due later 150,000 Operating Loan 20,000 Loans on Land and Buildings - Due this year 15,000 - Due later 550,000 Assets Liabilities Current Cash on Hand Other Current Assets Current: Operating Loan -- Due this year --- Due this year Total Current Total Current Long Term --- Due later Long Term Value of Machinery and Equip Value breeding livestock Value of Land Buildings - Due later 55,000 Total Long Term Total Long Term: Total Liabilities Net Worth Total Assets TL & NW Using the Balance Sheet from the previous page, calculate the following. Be sure to set up and label the parts of the ratios. You must show your work to get credit. 1) Current Ratio: 2) Working Capital : 3) Debt-to-Asset Ratio: 4) Debt-to-Equity Ratio