Walsham Mills€™s balance sheet appears as follows (amounts in thousands):

Use the following ratio data to complete Walsham Mills€™s balance sheet.
a. Current ratio is 0.86.
b. Acid-test ratio is 0.40.

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WALSHAM MILLS Balance Sheet December 31, 2016 Assets Liabilities $60 Total Current Liabilities Cash Accounts Receivables Merchandise Inventory Prepaid Expenses $ 1,800 (a) Long-term Note Payable 725 Other Long-term Liabilities (b) Total Liabilities 770 Total Current Assets Plant Assets, Net Other Assets Total Assets Stockholders' Equity 2,000 Stockholders' Equity 2,675 $ 6,500 Total Liabilities and Stockholders Equity S (g)