During its first year of operation, Energy Solution had credit sales of 3,000,000; 600,000 remained uncollected at year-end. The credit manager estimates that 28,000 of these receivables will become uncollectible.

(b) Prepare the current assets section of the statement of financial position for Energy Solution. Assume that in addition to the receivables it has cash of 90,000, inventory of 130,000, and prepaid insurance of 7,500

I know that the answer of total current asset is 796,000, but I don't get where this number came from. If you add 7.500,130.000,600.000,and minus 31.000, it is 569.000 and if you add 569.000 and 90.000, it has to become 629.000 not 796.000. I don' get why the answer is 796.000

Please explain the process and which part I got wrong.