Calculate current liabilities Sales Revenue $25,000 | Accounts Payable $1,200 Accounts Receivable $2,600 Inventory $3,200 Supplies $300 Cost of Goods Sold $16,000 Notes Payable (due $24,000 in 2 years) Equipment $40,000 Accumulated $12,000 Depreciation Land $30,000 Unearned Revenue $1,100 $1,400 Taxes Payable Prepaid Rent (3 months) Cash $2,100 $5,200