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Your answer is partially correct. Try again. Prepare a retained earnings statement for the year. Oriole Company did not issue any new stock during the year. Oriole Company Retained Earnings Statement For the Year Ended July 31, 2017 Retained Earnings, July 31 $135,600 ThessNet Income /(Loss) 4.000 Less Dividends 127,600 TRevenues Your answer is partially correct. Try again. Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.) Oriole Company Balance Sheet Duly 31, 2017 Assets Current Assets Cash TAccounts Receivable Total Current Assets $142,380 Total Current Assets Equipment Less Accumulated Depreciation Equipment 12,800 Total Assets $155,180 Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Salaries and Wages Payable Total Current Liabilities $7,980 Long-term Liabilities Notes Payable Total Liabilities Stockholders' Equity 11,580 Common Stock Retained Earnings Total Stockholders' Equity Tstockholders' Equity 943,600 555,180 Your answer is correct. Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, e.g. 15. Current ratio 15.31:1 Your answer is partially correct. Try again. Prepare a retained earnings statement for the year. Oriole Company did not issue any new stock during the year. Oriole Company Retained Earnings Statement For the Year Ended July 31, 2017 Retained Earnings, July 31 $135,600 Less Net Income /(Loss) ST4.000 Less Dividends 27,600 TRevenues Your answer is partially correct. Try again. Prepare a classified balance sheet at July 31. (List current assets in order of liquidity.)