Victoria Medical Service reported the following selected items (amounts in thousands):

1. Classify each item as

(a) income statement or balance sheet and as

(b) debit balance or credit balance

2. How much net income (or net loss) did Victoria report for the year?
3. Compute Victoria's current ratio. Round to two decimal places. Evaluate the company's liquidity position.

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Unearned revenues (current)... ........$ 207 Service revenue $8,613 Allowance for doubtful accounts. Other expenses.. Accounts receivable..... Other assets.. 767 109 Property, plant, and equipment 3,316 2,569 Operating expense. 1,620 817 Cash. 239 Accounts payable... 385 Notes payable (long-term). 719