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11. Harding Company Accounts payable $40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000

11.

Harding Company
Accounts payable $40,000
Accounts receivable 65,000
Accrued liabilities 7,000
Cash 30,000
Intangible assets 40,000
Inventory 72,000
Long-term investments 110,000
Long-term liabilities 75,000
Marketable securities 36,000
Notes payable (short-term) 30,000
Property, plant, and equipment 625,000
Prepaid expenses 2,000

What is the amount of quick assets?

a.$203,000

b.$131,000

c.$205,000

d.$66,000

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