Use the following to answer questions 1 and 2 below: Below is the year-end adjusted trial balance of the ledger of Acosta Accounting. ACOSTA ACCOUNTING Adjusted Trial Balance December 31, 20xX Cash Accounts receivable Prepaid rent Prepaid insurance Office supplies Office equipment Accumulated amortization, equipment Building Accumulated amortization, building Land $100,000 7,000 15,000 9,000 3,300 8,000 $3,200 350,000 42,000 700,000 Accounts payable Salaries payable Interest payable Long-term note payable Margarita Acosta, capital Margarita Acosta, withdrawals Service fees earned Salaries expense Insurance expense Rent expense Amortization expense, equipment Amortization expense, building Totals 5,800 14,500 2,500 52,000 1,010,000 200,500 370,800 90,000 5,200 5,000 800 7,000 $1,500,800 $1,500,800 1. Prepare a classified year-end balance sheet. A $7,000 installment on the long-term note payable is due within one year. 2. Using the information from Acosta Accounting, calculate the current ratio.