Balance sheet changes. Below are incomplete balance sheets for OQ Corporation End-of-year for...

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Accounting

Balance sheet changes. Below are incomplete balance sheets for OQ Corporation
End-of-year for balance shect items Year 1 Year 2 Year 3 Year 4 Current assets $3,092 $2,932 Noncurrent assets $18,16017,996 $20,286 Total assets 21,094 Current assets/current liabilities 1.0231.04 Current liabilities 2,9783,002 Noncurrent liabilities 9,2869,830 Owners' equity 8,8688,0588,084 Total liabilities and owners' equity 21,182
a. Compute the missing amounts, and show the balance sheet at Year-ends 1,2,3, and 4. Show your computations.b. Comment on the asset and liability structure of the firm.
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