The unasfustad trial balance and income statement amounts from the December 31 adjusted trial balance of Durkin Production Company follow. (Click the icon to view the adjusted tial balance and income statement from the worksheet) iClick the icon to view the adjusting entries.) Read the tequirements. Requirement 1. Use the data in the partial worksheet to prepare Durkin Production Company's classifed balance sheet at December 31 of the current year, Use the report format First you must calcula the adjusted balanoe for several of the balance-sheet acoounts. Lets prepare the balance sheet lor Dukin Production Company. (ff an inpet field is not used in the balance sheet leave lhe feid empty; do not select a label or entor a zero.) 1. Use the data in the partial worksheet to prepare Durkin Production Company's classified balance sheet at December 31 of the current year. Use the report format. First you must calculate the adjusted balance for several of the balance-sheet accounts. 2. Calculate Durkin Production Company's net working capital, current ratio, and debt ratio at December 31 . A year ago, net working capital was $5,890, the current ratio was 1.75 , and the debt ratio was 0.56 . Indicate whether the company's ability to pay its debts - both current and total-improved or deteriorated during the current year. Journal Entry Unadjusted Trial Adjusted Trial Balance Adjustments Balance Account Debit Credit Debit Credit Debit Credit Cash 13,390 Prepaid rent 1,900 Equipment 42,000 Accumulated depreciation-equipment 3,600 Accounts payable 4,100 Salary payable Unearned service revenue 8,600 Income tax payable Notes payable, long-term Common stock Retained earnings 13,0008,90013,690 Dividends 1,800 Service revenue 13,100 19,400 Salary expense Rent expense 4,2005,100