Compute the amount of total current assets based on the following account balances.

Cash 18,500

Accounts payable 25,000

Accounts receivable 42,000

Inventory 22,000

Prepaid insurance 2,800

Short-term investments 54,000

Common stock 5,000

Equipment 70,000

Notes payable 48,000

Bonds payable 92,000

Ending retained earnings ?

Service revenue 95,000

Rent expense 14,000

Advertising expense 7,500