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SOLVE PROBLEM 3 PLEASE 2. Prepare a balance sheet as of 1/1/2019 using the data below. Calculate net worth. 3. Make a list of current

image text in transcribedSOLVE PROBLEM 3 PLEASE

2. Prepare a balance sheet as of 1/1/2019 using the data below. Calculate net worth. 3. Make a list of current assets and current liabilities using the data from Problem 2 above. Calculate working capital and current ratio. Note: $180,000 of Loan 1 and $800,000 of Loan 2 are due this year. The credit line is all due within a year. The investment portfolio is highly liquid

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