These financial statement items are for Wildhorse Co. at year-end, July 31, 2025. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable. Service revenue Rent revenue Notes payable (due in 2028) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends $3,900 59,300 17,100 21,000 3,900 67,900 10,000 3,200 16,000 31,700 11,200 8,000 4,000 Dividends Depreciation expense Retained earnings (beginning of the year) 4,000 4,000 35,400 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45)) WILDHORSE CO. Income Statement WILDHORSE CO. Balance Sheet Assets $ Liabilities and Stockholders' Equity Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, eg 15.2:1 or 15.2%) Current ratio Debt to assets ratio eTextbook and Media. List of Accounts :1 %6