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Coast Company has 11,500 items of building supplies on hand that cost $345,000; a bill from the vendor for $250,000 of these supplies has not

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Coast Company has 11,500 items of building supplies on hand that cost $345,000; a bill from the vendor for $250,000 of these supplies has not yet been paid. The company expects to earn $815,000 for its services when it uses the building supplies. The company's balance sheet would include an asset, Supplies, in the amount of: Multiple Choice . $345,000. 0 $11,500. 0 $95,000. 0 $815,000

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