The current asset section of the Excalibur Tire Companys balance sheet consists of cash, marketable securities, accounts receivable, and inventories. The December 31, 2016, balance sheet revealed the following:

Inventories	$	920,000
Total assets	$	3,200,000
Current ratio		2.20
Acid-test ratio		1.20
Debt to equity ratio		1.5
Required: Determine the following 2016 balance sheet items: 1. Current Assets 2. Shareholders equity 3. Noncurrent assets 4. Long-term liabilities