The classified balance sheet for a company reported current assets of $1,624,125, total liabilities of $810,540, common stock of $1,110,000, and retained earnings of $141,260. The current ratio was 2.5. Which of the following statements is not correct?

1. Total Assets are $2,061,800.

2. Total Stockholders equity is $1,251,260.

3. Noncurrent liabilities are $141,260.

4The amount of current assets is 2.5 times the amount of current liabilities.