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the bookkeeper for campbell's country music bar left this incomolete balance sheet. campbell's working capital is $97000 and its debt its to assets ratio is

the bookkeeper for campbell's country music bar left this incomolete balance sheet. campbell's working capital is $97000 and its debt its to assets ratio is 40 percent. image text in transcribed
$ 26,000 39,000 11,000 Cash Accounts receivable Inventory Prepaid expenses Total current assets Long-term assets Building Less: Accumulated depreciation Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities (35,000) 223,000 7,000 9,100 37,500 Current liabilities Accounts payable Notes payable Income tax payable Total current liabilities Long-term liabilities Mortgage payable Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 94,000

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