The accounts of Bolton Travel at December 31, 2017, are listed below in alphabetical order:

Required
1. Prepare the company's classified balance sheet in report format at December 31, 2017. All adjustments have been journalized and posted, but the closing entries have not yet been made.
2. Compute Bolton Travel's current ratio and debt ratio at December 31, 2017. At December 31, 2016, the current ratio was 1.52 and the debt ratio was 0.37. Did Bolton Travel's ability to pay both current and total debts improve or deteriorate during 2017?

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Payable..15,300 Interest Payable $4,300 Accounts Receivable Accumulated 19,800 Interest Receivable. Amortization-Building Accumulated Amortization_ ing.113,400 Notes Payable, Long-term 91,400 Furniture 34,800 Notes Receivable, 12,500 9,300 ties.14,100 3,300 12,700 73,800 .6,700 Advertising Exense Amortization Expense... 6,600 Long-term 3,900 Other Assets Building Commission Revenue. E. Bolton, Capital!. E. Bolton, Withdrawals.. Furniture Insurance Expense 5,000 Prepaid Insurance 280,500 Prepaid Rent 09,400 Salary Expense 143,800 Salary Payable 68,100 Suppli 2,400 Supplies Expense 17,100 Unearned Commission Revenue 14,200