The adjusted trial balance of Coastal Creations at June 30,2023 , the end of the company's fiscal year, is provided. (i) (Click the icon to view the adjusted trial balance.) Required 1. Prepare the income statement and statement of owner's equity for the year ended June 30,2023 , and the classified balance sheet on that date. Use the account format for the baland Adjusted Trial Balance 2. Journalize the closing entries. 3. Compute Coastal Creations's current ratio and debt ratio at June 30,2023 . One year ago, the current ratio stood at 1.81 and the debt ratio was 0.71. Did Coastal Creations's ability to