Determine the following 2011 balance sheet items using the information provided in the problem.

Current Assets
Shareholders’ Equity
Noncurrent Assets
Long-term liabilities

The December 31, 2011, balance sheet revealed the following:
Inventories $ 840,000
Total assets $2,800,000
Current ratio 2.25
Acid-test ratio 1.2
Debt to equity ratio 1.8