1/ The December 31, 2018 (pre-closing) adjusted trial balance for Kline Enterprises was as follows:

Account Title	Debit			Credit
Accounts payable					108,000
Accounts receivable		188,000
Accumulated depreciation - equipment					278,000
Common stock					508,000
Cash		44,000
Cost of goods sold		498,000
Depreciation expense		78,000
Equipment		736,000
Interest expense		8,000
Inventory		168,000
Note payable (due in six months)					78,000
Rent expense		48,000
Retained earnings					84,000
Salaries and wages payable					26,000
Sales revenue					824,000
Salaries expense		138,000
Totals		1,906,000			1,906,000

Required: Assuming no income taxes, compute the Kline's 12/31/18 total current liabilities:

Current liabilities

2/ Suppose that Laramie Companys adjusted trial balance ignored the following information. Indicate what effects, if any, these omissions would have on the stated components of Laramie Company's 2018 Income Statement and 12/31/18 Balance Sheet. Assume no income taxes.

Additional Information	12/31/18 Assets		12/31/18 Liabilities		12/31/18 Owners Equity		2018 Net Income
The estimated uncollectible accounts receivable is now zero and should be $43,000.