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16. Cash $110,000 Equipment $50,000 Account Receivable $100,000 Account Payable $40,000 Inventory $20,000 Interest Payable $50,000 Prepaid Expense $10,000 Accrued Expense $40,000 Long Term Loan

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16. Cash $110,000 Equipment $50,000 Account Receivable $100,000 Account Payable $40,000 Inventory $20,000 Interest Payable $50,000 Prepaid Expense $10,000 Accrued Expense $40,000 Long Term Loan $500,000 Current portion -Long Term Asset $100,000 Wage Payable $30,000 Stock $25,000 Allowance for Doubtful Debt $5,000 Building $800,000 Depreciation $8,000 1) Find the Total Current Assets 2) Find the Total Current Liabilities 3) Find the Net Working Capital 4) Find Current Ratio

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