Superior hardwood company distributes hardwood products to small Furniture manufacturers. The adjusted trial balance data given below is from the firms worksheet for the year ended December 31, 2019.

1. prepare a classified income statement for the year ended December 31, 2019 the expense accounts represent warehouse expenses selling expenses in general and administrative expenses.

2. prepare a statement of owners equity for the year ended December 31, 2019 no additional investments were made during the period.

3. prepare a classified balance sheet as of December 31, 2019 the mortgage payable extends for more than a year.

analyse: what is the current ratio for this business?

please help me fill out required one required to require three and analyze answers I am an able to add additional photos so please try your best with what I've provided. thank you

600 Superior Hardwood Company distributes hardwood products to small furniture manufacturers. The adjusted trial balance data given below is from the firm's worksheet for the year ended December 31, 2019 Cash ACCOUNTS Debit Credit Petty Cash Fund 23 600 Notes Receivable, due 2020 Accounts Receivable 11,300 Allowance for Doubtful Accounts 91,000 Merchandise Inventory $ 5,500 Warehouse Supplies 229,000 Office Supplies 2.810 Prepaid Insurance 1,370 Land 8.700 Building 41,000 Accumulated Depreciation 173,000 Building Warehouse Equipment 51,000 Accumulated Depreciation-Warehouse Equipment 34,500 Delivery Equipment 15 900 48,500 Accumulated Depreciation-Delivery Equipment Office Equipment 18,600 Accumulated Depreciation 22,500 Office Equipment 10.500 Notes Payable, due 2020 19.700 Accounts Payable 38.500 Interest Payable 530 Mortgage Payable 58.500 Loans Payable, Long-term 14.500 Charles Ronie, Capital (Jan. 1) 430.560 Charles Ronie, Drawing 128.500 Income Summary 239,000 229,000 Sales 1,675,000 Sales Returns and Allowances 17,700 Interest Income 1,530 Purchases 762,000 Freight in 13,300 Purchases Returns and Allowances 7.040 Purchases Discounts 10,660 Warehouse Wages Expense 194 600 6.600 Warehouse Supplies Expense 5.300 Depreciation Expense-Warehouse Equipment 284.200 Salaries Expense Sales 21,000 Travel and Entertainment Expense 59.830 Delivery Wages Expense 9.300 Depreciation Expense-Delivery Equipment 70,100 Salaries Expense Office 3,500 Office Supplies Expense 5,700 Insurance Expense 8,700 Utilities Expense 6.020 Telephone Expense 56.500 Payroll Taxes Expense 5.100 Property Taxes Expense 5.300 Uncollectible Accounts Expense 8,500 Depreciation Expense Building 3.500 Depreciation Expense-Office Equipment 7.700 Interest Expense $2,587,920 $2,587,920 Totals Required: 1. Prepare a classified income statement for the year ended December 31, 2019. The expense accounts represent warehouse expenses, selling expenses, and general and administrative expenses. 2. Prepare a statement of owner's equity for the year ended December 31, 2019. No additional investments were made during the period Prepare a classified balance sheet as of December 31, 2019. The mortgage payable extends for more than a year Analyze: What is the current ratio for this business? Required 1 Required 2 Required 3 Analyze Prepare a classified income statement for the year ended December 31, 2019. The expense a represent warehouse expenses, selling expenses, and general and administrative expenses. SUPERIOR HARDWOOD COMPANY Income Statement Operating revenue Net sales Cost of goods sold Merchandise inventory, January 1, 2019 Delivered cost of purchases Net delivered cost of purchases Total merchandise available for sale Gross profit on sales Operating expenses Warehouse expenses Total warehouse expenses Selling expenses Total warehouse expenses Selling expenses Total selling expenses General and administrative expenses / / / / Total general and administrative exp Total operating expenses Income from operations Other come Other expenses Net non operating expenses Net om foyer Analyze: What is the current ratio for this business? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze Prepare a statement of owner's equity for the year ended December 31, made during the period. SUPERIOR HARDWOOD COMPANY Statement of Owner's Equity (Required 1 Required 3 Required 1 Required 2 Required 3 Analyze Prepare a classified balance sheet as of December 31, 2019. The mortgage pay year. SUPERIOR HARDWOOD COMPANY Balance Sheet Assets Current assets Prepaid expenses Total current assets Plant and equipment Building Warehouse equipment Delivery equipment Office equipment Total plant and equipment Liability and Owner's Equity Prepaid ex Total current assets Plant and equipment Building Warehouse equipment Delivery equipment + Office equipment Total plant and equipment Total assets Liability and Owner's Equity Current liabilities Total current abilitie What is the current ratio for this business? Complete this question by entering your answers in the tabs Required 1 Required 2 Required 3 Analyze What is the current ratio for this business? (Round your answer Current ratio