4. Please choose the correct answer and give the full clear solution! (No need for explanations!) Thank you!!

Question 4 The following is a list of the accounts for ABC Company as of December 31st. This is not the company's first year of operations. Cash ta 34,000 Inventory $ 97,000 Long term debt - 10% to be paid in 1 year $ 120,000 Patent $ 11,000 Sales $ 378,000 Cost of goods sold $ 195.000 Accumulated depreciation $ 56,000 Land $ 100.000 Prepaid Insurance $ 4.000 Paid in capital $ 29,000 Salary expense $ 39,000 Supplies expense $ 3.000 Unearned revenue $ 2.500 Unearned revenue $ 2.500 Manufacturing building $ 125,000 Accrued expense $ 14.000 Common stock $ 1.000 Mortgage payable - due in 10 years $ 90.000 Accounts receivable $ 27,000 Long-term investment $ 50.000 Goodwill $ 20,000 Notes receivable - due in 6 months $ 5.000 Manufacturing equipment $ 89.000 Determine the total amount of assets expected to be converted into cash in one year or less. Select) Determine the total amount of long term assets. [ Select Determine total current liabilities. [ Select] Determine the total long term liabilities. I Select] Determine the amount of retained earnings. [Select Determine the total amount of assets expected to be converted into cash in one year or less. [ Select] Determine the total amount of long term assets. Select 158000 163000 none of the choices 66000 129000 Determine total current liabilities, Determine the total long term liabilities. [Sclect] Determine the amount of retained earnings. [ Select] [ Select] Determine the total amount of assets expected to be converted into cash in one year or less. [ Select ] Determine the total amount of long term assets. Determine total current liabilities. Select] 258000 308000 339000 395000 none of the choices Determine the total long term liabilities. [ Select] Determine the amount of retained earnings. Select] Determine the total amount of assets expected to be converted into cash in one year or less. [ Select] Determine the total amount of long term assets. [ Select] Determine total current liabilities. Determine the total long term liabilities. Select 28500 136500 98500 16500 none of the choices Determine the amount of retained earnings. Determine the total amount of assets expected to be converted into cash in one year or less. [ Select] Determine the total amount of long term assets. [ Select) Determine total current liabilities. [ Select] Determine the total long term liabilities. [ Sclect] Determine the amount of retained earnings. [ Select] none of the choices 318000 210000 188000 198000 Determine the total amount of assets expected to be converted into cash in one year or less. [ Select ] Determine the total amount of long term assets. [ Select] Determine total current liabilities. [ Select] Determine the total long term liabilities. [ Select ] Determine the amount of retained earnings. [ Select ] Select] none of the choices 198000 210000 318000 188000