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Based on the following data, what is the amount of current assets? Accounts payable $62,000 Accounts receivable 100,000 Cash 70,000 Intangible assets 100,000 Inventory 138,000

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

Accounts payable $62,000

Accounts receivable 100,000

Cash 70,000

Intangible assets 100,000

Inventory 138,000

Long-term investments 160,000

Long-term liabilities 200,000

Short-term investments 80,000

Notes payable 56,000

Property, plant, and equipment 1,340,000

Prepaid insurance 2,000

Question 40 options:

$250,000

$232,000

$390,000

$252,000

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