At the end of the first accounting period, San Pio Catering Services had the following adjusted balances related to the statement of financial position:

Compute the total current assets for the first accounting period of San Pio Catering Services.

Account Title	Amount
Accounts Receivable	58,950
Allowance for Bad Debts	2,948
Notes Receivable	15,000
Cooking Supplies	8,500
Prepaid Rent	24,000
Cooking Equipment	180,000
Accumulated Depreciation- Cooking Equipment	36,000
Accounts Payable	17,500
Loans Payable	50,000
Cash	97,500
Unearned Service Income	14,500