Below is an alphabetical list of the adjusted accounts of Dunder Tour Company at its year end, December 31, 2014. All accounts have normal balances.

Additional information:
1. In 2015, $3,000 of the notes payable becomes due.
2. The note receivable is due in 2016.
3. On July 18, 2014, Fred Dunder invested $3,200 cash in the business.
Instructions
(a) Calculate the post-closing balance in F. Dunder, Capital on December 31, 2014.
(b) Prepare a classified balance sheet.
(c) On December 31, 2013, Dunder Tour Company had current assets of $17,400 and current liabilities of $22,300. Calculate the company's working capital and current ratio on December 31, 2013, and December 31, 2014.
(d) On December 31, 2013, the total of Dunder Tour Company's cash, short-term investments, and current receivables was $15,600. Calculate the company's acid-test ratio on December 31, 2013, and December 31, 2014.
Taking It Further
Has the company's ability to pay its debts improved or weakened over the year?

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Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Depreciation expense Equipment F Dunder, capital F Dunder, drawings Insurance expense Interest expense Interest payable $7,300 3,500 15,000 4,500 10,000 0,000 17,300 33,000 Interest receivable Interest revenue Notes payable Notes receivable Patents Prepaid insurance Service revenue Short-term investments $ 100 1,100 40,000 18,400 15,000 2,900 65,000 2,700 3,100 2,400 3,500 5 1,500 Supplies 2,800 700 Supplies expense Unearned revenue