Refer back to Problem 3-72B.

Requirements
1. Use the Spa View Services data in Problem 3-72B to prepare the company's classified balance sheet at January 31, 2016. Show captions for total assets, total liabilities, and stockholders' equity.
2. Compute Spa View's net working capital, current ratio, and debt ratio at January 31, 2016, rounding to two decimal places. At January 31, 2015, the net working capital was $21,600, the current ratio was 1.70, and the debt ratio was 0.15. Did Spa View's ability to pay both current and total liabilities improve or deteriorate during fiscal 2016? Evaluate Spa View's debt position as strong or weak and give your reason.

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Accounts payable Accumulated depreciation, Adverti Common stock 12,700 Interest expenseS 800 16,600 Note payable, long-term. 15,900 Other assets, long-term 13,500 10,800 Retained earnings, 700 8,900 Salary expense27,700 3,400 1,000 Service revenue.94,100 3,300 4,200 3,700 17,500 anuary 31, 2015. 13, Current portion of long term Salary payab... note payabl.. Depreciation expense-equipment 1,700 Supplies Dividends declared 15,000 Supplies expense... Equipment..43,000 Unearned service revenue..