Unrecorded Transactions Wisper Corporation dis- covered at the end of the year that it had failed to record several transactions or activities. Those specifically identified were:

1. Inventory purchased on account for $35,000.

2. Payment on accounts payable of $25,000.

3. Depreciation expense of $10,000.

4. Wages of $8,000 earned by employees since the last payroll payment.

5. Issuance of a $5,000 long-term note payable for cash.
If Wisper Corporation reports total current assets of $240,000 and current liabilities of $140,000 prior to correcting its omissions, determine what amounts should be reported for each of the following:

a. Current assets.

b. Current liabilities.

c. Working capital.

d. Current ratio.