Spring Water Company reported the following items on its statement of shareholders' equity for the year ended December 31, 20X9 (in thousands):

Required
1. Determine the December 31, 20X9, balances in Spring Water's shareholders' equity accounts and total shareholders' equity on this date.
2. Spring Water's total liabilities on December 31, 20X9 are $5,000 thousand. What is Spring Water's debt ratio on this date?

Accumulated Other Capital in Total $1 Par Common Excess of Retained Comprehensive Shareholdars Stock Par Value Earnings S380 $1,590 $3,500 Income $9 Equity $5,479 Balance, Dec. 31, 20X8. Net earnings Unrea lized gain on investments Issuance of stock.110 ash dividends Balance, Dec.31, 20X9.. 1,020 560