*Make sure you do a classified BS Assets Current Assets Splashing Around Balance Sheet For the three months ended December 31, 2019 Liabilities & Owner's Equity Liabilities 59,076 Accounts Payable 7,068 Wages Payable 1,800 Unearned Pool Services Revenue 3,165 1,600 72,709 Total Current Liabilities 1400 544 Cash Accounts Receivable Office Supplies Prepaid Insurance Prepaid Rent Total Current Assets 6,500 8444 90,665 Fixed Assets Office Equipment Accumulated Depreciation - Office Equipment Pool Equipment Accumulated Depreciation - Pool Equipment Total Fixed Assets Owners Equity 12,000 S. Erickson, Capital (600) 16,000 (1,000) 26,400 Total Assets 99,109 Total Liabilities & Owners Equity 99,109 2. Computation of the Current Ratio. 3. At least 1 paragraph analyzing the ratio calculated above. In this analysis, you should define the ratio (in your own words) and explain why the ratio is important