A) Use the following partial work sheet from Matthews Lanes to prepare its income statement, statement of changes in equity and a classified statement of financial position (Assume the owner did not make any investments in the business this year.). B) Calculate the current ratio. MATTHEWS LANES Work Shet For Year Ended June 30 Adjusted Trial Balance Account Dr. Cr. Cash 11.275 Accounts Receivable 1.750 800 3,400 130,000 Office Supplies Prepaid Insurance Scoring Equipment..... Accumulated depreciation. Scoring equipment..... Salaries payable 21.700 200 50,000 M. Matthews, Capital................ M. Matthews, Withdrawals......... 46,425 137,675 Bowling revenue. Depreciation expense-Scoring equipment... 10,825 1,800 Salaries expense Insurance expense... 200 1,600 Rent expense Office supplies expense 400 350 Repairs expense.... Telephone expense. 750 Totals 209,575 209,575