14.

Use the information below for Privett Company to answer the question that follow.

Privett Company
Accounts payable	$ 30,000
Accounts receivable	35,000
Accrued liabilities	7,000
Cash	25,000
Intangible assets	40,000
Inventory	72,000
Long-term investments	100,000
Long-term liabilities	75,000
Marketable securities	36,000
Notes payable (short-term)	20,000
Property, plant, and equipment	400,000
Prepaid expenses	2,000

Based on the data for Privett Company, what is the amount of quick assets?

a. $168,000

b. $60,000

c. $96,000

d. $61,000