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1.Based on the following data, what is the amount of current assets? Accounts payable $62000 Accounts receivable 124500 Cash 69000 Intangible assets 124500 Inventory 133000

1.Based on the following data, what is the amount of current assets?

Accounts payable $62000
Accounts receivable 124500
Cash 69000
Intangible assets 124500
Inventory 133000
Long-term investments 169500
Long-term liabilities 220000
Short-term investments 82000
Notes payable 57000
Property, plant, and equipment 131000
Prepaid insurance 2000

A)$275500

B)$252500

C)$410500

D)$277500

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