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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

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 $ 1,000,000
Total assets $ 4,000,000
Current ratio 2.20
Acid-test ratio 1.40
Debt to equity ratio 1.5

Required:
Determine the following 2016 balance sheet items:

1)current asset

2)shareholders equity

3)non current asset

4) long term liabilities

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