I hate accounting. Its dumb. Stupid. And I hate it. Help plz. And Ill love you forever.

h. Buildings i. Notes Payable (due in 10 years) p. Depreciation Preparing a classified balance sheet and calculating the current ratio The adjusted trial balance of Melanie O'Mallie Dance Studio Company follows S1,6 E4-18 2,600 MELANIE O'MALLIE DANCE STUDIO COMPANY Trial Balance August 31, 2018 Balance Credit Debit $ 16,000 1,800 1,500 49,000 Account Title Cash Office Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) O'Mallie, Capital O'Mallie, Withdrawals Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense Total $ 5,700 4,800 100 5,000 5,400 37,000 1,100 18,100 3,600 1,100 400 500 $76,100 $ 76,100 Requirements 1. Prepare the classified balance sheet of Melanie O'Mallie Dance Studio Company at August 31,2018. Use the report form. You must compute the ending balance of O'Mallie, Capital. 2. Compute O'Mallie's current ratio at August 31, 2018.One year ago, the cur- rent ratio was 1.76. Indicate whether O'Mallie's ability to pay current debts has improved, deteriorated, or remained the same