The following items were taken from the financial statements of M. Wright Company. (All dollars are in thousands.) Long-term debt 5,500 1,000 Accumulated depreciation 500 Accounts payable Prepaid insurance 1,500 Equipment 11,500 Notes payable (after 2013) 1000 Long-term investment 500 Retained earnings 11,500 Short term investment 4,000 Accounts receivable 2,000 Notes payable (in 2013) 500 Cash 2,500 Prepare a classified balance sheet in good form as of December 31, 2012. Q1) find the total current assets: a. 4,000. b. 4,500. c. 9,000. d. 11,500. Q2) find the net equipment: a. 11,500 b. 6,000 c. 5,500 d. 13,000 Q3) Long term Assets: I a. 4,000 b. 500 c. 1,000 d. 2,500 Q4) Total Assets: a. 15,500 b. 16,000 c. 16,500 d. 15,000 Q5) Total current liability: a. 1,500 b. 2,000 c. 2,500 d. 3,000 Q6) Total long term liability a. 1,000 b. 1,500 Q6) Total long term liability a. 1,000 b. 1,500 c. 2,000 d. 3,000 Q7) Total liability and shareholders' equity: a. 15,500 b. 16,000 c. 16,500 d. 15,000 Q8) Calculate the liquidity by using the working capital: 7,500 a. b. 6,500 I c. 7,000 d. 8,000 Q9) Calculate the liquidity by using current ratio: a. 0.22 b. 4.5 c. All above. d. None above. Q10) Calculate the (Solvency ratio) debt to total assets ratio: a. 26% b. 10% c. 50% d. 40%