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

Inventory	$ 860,000
Total assets	$ 3,200,000
Current ratio	2.40
Acid-test ratio	1.40
Debt to equity ratio	1.5

Required:

Determine the following balance sheet items:

1. current assets

2. shareholder's equity

3. Long-term assets

4. Long - term liabilities