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Enterprise Company had the following account totals as of December 3 1 , 2 0 X 2 : Cost of goods sold $ 1 5

Enterprise Company had the following account totals as of December 31,20X2:
Cost of goods sold $150,000
Accounts receivable 100,000
Rent revenue 10,000
Accounts payable 25,000
Sales 200,000
Inventory 50,000
Bank loan payable*20,000
Cash 18,000
Retained earnings (beginning of year, January 1,20X2)80,000
Prepaid insurance (6-month insurance policy)15,000
Paid-in capital 38,000
Equipment 45,000
Unearned rent revenue (9-month contract)5,000
*Of the $20,000 bank loan payable, $15,000 will be repaid in 20X3.
What are Enterprise Companys TOTAL CURRENT ASSETS?
$183,000
$168,000
$206,000
$193,000

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