The summary financial statements of Pronghorn Ltd. on December 31, 2020. are as follows: PRONGHORN LTD Statement of Financial Position December 31, 2020 Assets Cash $10,000 Accounts and notes receivable 49,000 Inventory 79,000 Property, plant, and equipment Inet) 125,000 $263,000 Liabilities and Shareholders' Equity Accounts and notes payable $68,000 Long-term debat 62,000 Common shares 60,000 Retained earnings 73,000 $263.000 The following errors were made by the inexperienced accountant on December 31, 2019, and were not corrected. 1 The inventory was overstated by $13,000. 2 Aprepaid expense of $2,400 was omitted. It was fully expensed in 2019.) 3. Accrued revenue of $2,500 was omitted. It was recognized when cash was received in 2020. 4. Asupplier's invoice for $1,700 for purchases made in 2019 was not recorded until 2020. On December 31, 2020, there were further errors: 5. The inventory was understated by $17.000. Aprepaid expense of $750 was omitted. 7. Accrued December 2020 salaries of $1,800 were not recognized. 8. Unearned income of $2.300 was recorded in the 2020 revenue. In addition, it was determined that $20,000 of the accounts payable were long-term, and that a $500 dividend was reparted as dividend expense and deducted in calculating net income. The net income reported on the books for 2020 was $60,000. Prepare a corrected SFP at December 31, 2020. (Enter negative amounts using either a negative sign preceding the number ey. -45 or parentheses es (45) Pronghorn Ltd. Statement of Financial Position Assets Unadi. Adj. Revise Inventory $ $ Total Assets $ $ Liabilitics and Shareholders' Equity $ $ Total Liabilities and Shareholders' Equity $ $ Using the corrected data, recalculate the working capital and the ratios. {Round Current ratio and Debt-to-equity ratio to 2 decimal places, eg. 52.75.) Working capital $ Current ratio to 1 Debt to equity ratio to 1