PLEASE HELP WITH BALANCE SHEET AND DEBT RATIO DETERMINATION. PLEASE PROVIDE BALANCE SHEET ANSWER AS IT APPEARS ON THE SHEET. I AM ARE MISSING SOME NUMBERS.

Prepare the balance sheet. (If a box is not used in the balance sheet leave the box empty; do not select a label or enter a zero. Do not classify the balance sheet into current and long-term sections.) Smith Corporation Balance Sheet May 31, 2018 Assets Liabilities Cash 17000 8200 Accounts payable Interest payable Accounts receivable 18700 200 2400 Unearned service revenue 1000 Supplies Prepaid rent 1400 Income tax payable 2500 Stockholders' Equity Less: Accumulated depreciationEquipment 4500 - Data Table Smith Corporation Adjusted Trial Balance May 31, 2018 Account Debit Credit Cash $ 17,000 Accounts receivable 18,700 Supplies 2,400 Prepaid rent 1,400 36,900 $ 4,500 Equipment Accumulated depreciation-equipment Accounts payable Interest payable Unearned service revenue 8,900 200 1,000 Income tax payable 2,500 Note payable 19,100 Common stock 17,000 5,000 Retained earnings Dividends 10,000 Service revenue 95,000 Depreciation expense equipment 1,100 Salary expense 39,500 Salary expense 39,500 Rent expense 10,200 Interest expense 3,100 Insurance expense 3,700 Supplies expense 2,500 6,700 Income tax expense $ 153,200 $ 153,200 Total Smith's lenders require that the company maintain a debt ratio no higher than 0.50. Calculate Smith's debt ratio at May 31, 2018, to determine whether the company is in compliance with this debt restriction. If not, suggest a way that Smith could have avoided this difficult situation