The information that follows is from Cullen's Hardware Company's June 30, 2014, post-closing trial balance. Total assets: $625,800 Account name Debit Credit   Cash 42,800     Short-Term Investments 34,300     Sales Supplies 1,280     Merchandise Inventory 145,000     Prepaid Rent 2,100     Income Taxes Payable   3,780   Prepaid Insurance 4,800     Accounts Receivable 287,000     Office Supplies 440     Common Stock   290,000   Notes Receivable 10,000     Land 31,400     Delivery Equipment 43,200     Accumulated Depreciation-Delivery Equipment   28,400   Trademark 4,000     Accounts Payable   124,600   Salaries Payable   7,700   Deposit for Future Advertising 3,680     Interest Payable   840   Retained Earnings   118,880   Long-Term Notes Payable   80,000   Building, Not in Use   44,200     Totals 654,200 654,200 Required: 1. Prepare a classified balance sheet for Cullen's Hardware Company. 2. Business application- Compute Cullen's Hardware's current ratio and debt to equity ratio. (Round to one decimal place.) 3. Business application- As a user of the classified balance sheet, why would you want to know the current ratio or the debt to equity ratio?