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31 If X Company has the following balances:Cash 10,000 Equipment 50,000 inventory 5,000 Long term investment 3,000 Franchise 4,000 Accounts receivable 7,000 Supplies 3,000 the

31 If X Company has the following balances:Cash 10,000 Equipment 50,000 inventory 5,000 Long term investment 3,000 Franchise 4,000 Accounts receivable 7,000 Supplies 3,000 the total current assets shown in the classified balance sheet is 1.00 other amount a 22,000 to 25,000 0 29,000

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