1. Selected balance sheet items are shown for the Basic Company. Compute the missing amounts for each of the four years using the basic accounting equation. ACCOUNT 2019 2020 2021 2022 Current assets $113,624 $? $85,124 $? Noncurrent assets ? Total assets $524,600 198,014 $? 162,011 151,021 $? $220,111 Current liabilities $56,142 $40,220 $? $? Noncurrent liabilities ? ? 60,100 30,222 Paid-in Capital 214,155 173,295 170,000 170,000 Retained Earnings 13,785 (3,644) 1,452 2,350 Total liabilities and $524,600 $288,456 $? $ 220,111 owner's equity 2. The accounts and balances shown below were taken from Microtech Company's trial balance on December 31, 2021. Wages Payable, $250,000; Cash $175,000; Bonds Payable $600,000; Dividends Payable $140,000; Prepaid Rent $136,000; Inventory $820,000; Sinking Fund Assets $525,000; Trading securities $153,000; Premium on Bonds Payable $48,000; Stock Investment in Subsidiary $1,020,000; Taxes Payable $228,000; Accounts Payable $248,000; Accounts Receivable $366,000; Property, Plant & Equipment $1,200,000; Patents-net, $150,000; Accumulated Depreciation-PPE $400,000; Land held for future business site $900,000. a. How much should be reported in Microtech's December 31, 2021 balance sheet as current and non-current assets? b. How much should be reported in Microtech's December 31, 2021 balance sheet as current and non-current liabilities