stos -5, LO10-6, -10 0.8A ement of Liabilities Tons a. b. Using this information, prepare the current liabilities and long-term liabilities sections of MTC's classified balance sheet as of December 31, 2021. (Within each classification, items may be listed in any order.) b. Explain briefly how the information in each of the six numbered paragraphs affected your presentation of the company's liabilities. C. d. Compute as of December 31, 2021, MTC's (1) debt ratio and (2) interest coverage ratio. Solely on the basis of information stated in this problem, indicate whether this company appears to be an outstanding, medium, or poor long-term credit risk. State specific reasons for your conclusion. As of December 31 of the current year, Petersen Corporation has prepared the following informa- tion regarding its liabilities and other obligations. Notes payable, of which $12,000 will be repaid within the next 12 months. Interest expense that will result from existing liabilities over the next 12 months.. Lawsuit pend