Use the following ratios to determine the missing balance sheet amounts as of December $31.$ Each formula must include at least one of the ratios.

The company's current ratio is: $4\mathrm{.}15$

The company's acid$-$test ratio is: $2\mathrm{.}77$

The company's debt to equity ratio is: $0\mathrm{.}38$

Richards Publishing Company

Balance Sheet

At December $31$

Assets

Current assets:

Cash $$60,000$

Short$-$term investments $80,000$

Accounts receivable $????$

Other current assets $?????$

Total current assets $$270,000$

Property, plant, and equipment

Equipment $210,000$

Accumulated depreciation $50,000$

Net property, plant, and equipment $160,000$

Intangible assets

Copyrights $20,000$

Total assets $$450,000$

Liabilities and Shareholders' Equity

Current liabilities:

Accounts payable $$60,000$

Interest payable $5,000$

Total current liabilities $$65,000$

Long$-$term liabilities

Notes payable $($due in $3$ years$)60,000$

Total liabilities $??????$

Shareholders' equity

Common stock $200,000$

Retained earnings $125,000$

Total shareholders' equity $325,000$

Total liabilities and shareholders' equity $$325,000$Use the following ratios to determine the missing balance sheet amounts as of December $31.$

Each formula must include at least one of the ratios.

The company's current ratio is:

The company's acid$-$test ratio is:

The company's debt to equity ratio is:

Liabilities and Shareholders' Equity

Current liabilities:

Total current liabilities

Long$-$term liabilities

Notes payable $($due in $3$ years$)$

Total liabilities

Shareholders' equity

Common stock

Retained earnings

$60,000$

Total shareholders' equity

Total liabilities and shareholders' equity

$125,000$ Solve for the missing $????$ using the ratio above