The accounts of Meadowbrook Services, Inc., at January 31, 2016, are listed in alphabetical order. (Click the icon to view the accounts.) Requirements 1. Prepare the company's classified balance sheet at January 31, 2016. Show captions for total assets, total liabilities, and total liabilities and stockholders' equity. 2. Compute Meadowbrook's networking capital, current ratio, and debt ratio at January 31, 2016, rounding to two decimal places. At January 31, 2015, net working capital was $22,300, the current ratio was 1.85, and the debt ratio was 0.15. Did Meadowbrook's ability to pay both current and total debts improve or deteriorate during fiscal 2016? Evaluate Meadowbrook's debt position strong or weak and give your reason. Requirement 1. Prepare the company's classified balance sheet at January 31, 2016. Show captions for total assets, total liabilities, and total liabilities and stockholders' equity. (If a box is not used in the balance sheet leave the box empty; do not select a label or entor a zero.) Meadowbrook Services, Inc. Balance Sheet January 31, 2016 Assets Current assets: Cash Accounts receivable Supplies Prepaid expenses Total current assets Choose from any list or enter any number in the input fields and then continue to the next question ? The accounts of Meadowbrook Services, Inc., at January 31, 2016, are listed in alphabetical order. (Click the icon to view the accounts.) Requirements 1. Prepare the company's classified balance sheet at January 31, 2016. Show captions for total assets, total liabilities, and total liabilities and stockholders' equity. 2. Compute Meadowbrook's networking capital, current ratio, and debt ratio at January 31, 2016, rounding to two decimal places. At January 31, 2015, net working capital was $22,300, the current ratio was 1.85, and the debt ratio was 0.15. Did Meadowbrook's ability to pay both current and total debts improve or deteriorate during fiscal 2016? Evaluate Meadowbrook's debt position strong or weak and give your reason. Requirement 1. Prepare the company's classified balance sheet at January 31, 2016. Show captions for total assets, total liabilities, and total liabilities and stockholders' equity. (If a box is not used in the balance sheet leave the box empty; do not select a label or entor a zero.) Meadowbrook Services, Inc. Balance Sheet January 31, 2016 Assets Current assets: Cash Accounts receivable Supplies Prepaid expenses Total current assets Choose from any list or enter any number in the input fields and then continue to the next