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Based on the following data, what is the amount of current assets? Accounts payable $61000 Accounts receivable 110500 Cash 75000 Intangible assets 110500 Inventory 130500

Based on the following data, what is the amount of current assets?

Accounts payable $61000
Accounts receivable 110500
Cash 75000
Intangible assets 110500
Inventory 130500
Long-term investments 167000
Long-term liabilities 203500
Short-term investments 77000
Notes payable 56500
Property, plant, and equipment 1330000
Prepaid insurance 2200

A. $237200

B. $262500

C. $395200

D. $264700

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