A company reported the following information at December 31, Year 1:

Accounts payable	$	4,600
Accounts receivable	$	9,450
Cash	$	24,490
Common Stock	$	91,000
Equipment	$	50,500
Inventory	$	32,200
Notes Payable due December 31, Year 3	$	2,600
Retained Earnings, December 31, Year 1	$	14,190
Wages payable	$	4,250
What is the amount of current assets on the classified balance sheet? $38,680 $66,140 $116,640 $24,490