The accounting records of Path Leader Wireless include the following as of December 31, 2024:

Accounts Payable $68,000

Salaries Payable $11,500

Mortgages Payable (long-term) 78,000

Bonds Payable (current portion) 35,000

Interest Payable 21,000

Premium on Bonds Payable 12,000

Bonds Payable (long-term) 60,000

Unearned Revenue (short-term) 2,400

Total Stockholders' Equity 180,000

Requirements

1.	Report these liabilities on the Path Leader Wireless balance sheet, including headings and totals for current liabilities and long-term liabilities.
2.	Compute Path Leader Wireless's debt to equity ratio at December 31, 2024.