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Assets Cash $ 60,000 Short-Term Investments 40,000 Notes Receivable (due in 10 months) 30,000 Accounts Receivable 20,000 Merchandise Inventory 70,000 Bond Sinking Fund 80,000 Land 90,000 Building $100,000 Less Accumulated Depreciation 20,000 80,000 Trademarks 70,000 Total Assets $540,000 Liabilities Notes Payable (due in 6 months) $50,000 Accounts Payable 20,000 Salaries Payable 10,000 Mortgage payable (due in 7 years) 90,000 Total Liabilities $170,000 Stockholders' Equity Common Stock $310,000 Retained Earnings 60,000 Total Stockholders' Equity 370,000 Total Liabilities and Stockholders' Equity $540,000 The total dollar amount of assets to be classified as current assets is $150,000 $220,000. $270,000 $170,000 $190,000 Question 27 1 pts Refer to the balance sheet in question 26 The total dollar amount of assets to be classified as investments is $180,000. $100,000 O $ 80,000. $0. $150,000. Question 28 1 pts Refer to the balance sheet in question 26 The total dollar amount of assets to be classified as property, plant and equipment is $240,000 O $190,000 O $170,000. O none of these. $320,000. D Question 29 1 pts Refer to the balance sheet in question 26 The total amount of working capital is $140,000 $ 60,000. O none of these. $ 40,000 $370,000