The chief financial officer (CFO) of Bramble Corporation requested that the accounting department prepare a preliminary balance sheet on December 30, 2025, so that the CFO could get an idea of how the company stood. He knows that certain debt agreements with its creditors require the company to maintain a current ratio of at least 2:1. The preliminary balance sheet is as follows. Bramble Corporation Balance Sheet December 30, 2025 Assets Current assets Cash Accounts receivable Prepaid insurance Equipment (net) Total assets $23.000 28,200 6.760 $57,960 168.000 $225,960