Here is the partial work sheet for Eckland Stereo. Eckland Stereo Work Sheet For Year Ended December 31, 20-- BALANCE SHEET ACCOUNT NAME DEBIT CREDIT Cash 15,314.00 Notes Receivable 7,425.00 Accounts Receivable 30,147.00 49,745.00 Merchandise Inventory Prepaid Property Taxes 2,218.00 Prepaid Insurance 1,768.00 Land 17,541.00 Building 50,066.00 Accumulated epreciation, Building 15,356.00 7,519.00 Computer Equipment Accumulated Depreciation, Computer Equipment 5,827.00 Store Equipment 7,707.00 4,647.00 4,480.00 Accumulated Depreciation, Store Equipment Delivery Equipment Accumulated Depreciation, Delivery Equipment Notes Payable 3,759.00 5,300.00 Accounts Payable 26,474.00 Mortgage Payable (current portion) 3,070.00 Mortgage Payable 66,070.00 M. J. Eckland, Capital 58,529.00 58,529.00 M. J. Eckland, Capital M. J. Eckland, Drawing 23,050.00 Wages Payable 1,895.00 216,980.00 190,927.00 Net Income 26,053.00 216,980.00 216,980.00 Required: 1. Prepare a statement of owner's equity (no additional investment). Eckland Stereo Statement of Owner's Equity For Year Ended December 31, 20-- 2. Prepare a balance sheet. Eckland Stereo Balance Sheet December 31, 20-- Assets Current Assets: Total Current Assets Property and Equipment: $ 000000 Total Property and Equipment Od Total Assets Liabilities Current Liabilities: Total Current Liabilities Long-Term Liabilities: Total Liabilities Owner's Equity Total Liabilities and Owner's Equity 3. Determine the amount of the working capital. 4. Determine the current ratio. Round your answer to two decimal places. :1