E4-17A. (Learning Objective 3: Classifying assets based on liquidity) A thorough review of GE Broadcasting assets at the end of December 31, 20X5, resulted in the following information:

■ Cash on hand and cash at bank totaling $484,000

■ Fixed-term deposits with banks totaling $142,000 (matures July 1, 20X7)

■ Inventories totaling $324,000

■ Trade receivables totaling $245,000

■ Loans to employees of $120,000, 30% of which is due by the end of 20X6

■ PPE with a historical cost of $129,000 and accumulated depreciation of $12,000

■ Investment in associate companies using equity method at $35,000

■ Short-term investment in publicly traded shares of listed companies at $10,000 What are GE Broadcasting’s current and non-current assets?