The following is the adjusted trial balance for Upside Down Lawncare Co. prepared at the end of their calendar year. 20,000 Upside Down Lawncare Co. Adjusted Trial Balance December 31, 2018 Cash 5,130 Accounts Receivable 3,300 Prepaid Insurance 550 Inventory 10,000 Storage building 110,000 Accumulated Depreciation -- storage building Equipment 12,400 Accumulated Depreciation - equipment Accounts Payable Notes Payable - Due on June 30, 2019 Common Stock Retained Earnings Dividends 700 Sales Rent Revenue Supplies Expense 2,450 Depreciation Expense 3,375 2,200 700 4,000 102,000 11,000 9,500 430 Supplies Expense Depreciation Expense 2,450 3,375 Administrative Expense Interest Expense Totals 1,675 250 149,830 149,830 Prepare a properly formatted income statement, statement of stockholders' equity, and classified balance sheet. Assume that the company issued $7,000 of new stock during the year. Based on your Balance Sheet that you prepared, answer the following questions: a. What is the Working Capital for Upside Down Lawncare? b. What is the Current Ratio for Upside Down Lawncare? c. What do these two calculations tell you about Upside Down Lawncare? Upside Down LawnCare Co. Income Statement For the year ended December 31, 2018 Revenues: Sales 9,500 430 Rent revenue Total revenue 9,930 3,375 2,450 Expenses: Depreciation expense Supplies expense Administrative expense Interest expense Total expenses Net Income 1,675 250 7,750 2,180 $