$58.$ Electrelane Company showed the following balances at the end of its first year:How much are the company's total current assets $?$a$)$ $$8,500$b$)$ $$7,500$c$)$ $$5,000$d$)$ $$23,500$ction$-$ SCash$ $2,000$Prepaid insurance$3,500$Accounts payable$2,500$Accounts receivable$2,000$Notes payable$3,000$Furniture$1,000$Dividends$500$Accrued liabilities$16,000$Expenses$12,500$