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Ferguson, Incorporated, reports the following account balances on December 31, 2024: accounts payable, $32,000; accounts receivable, $17,000; bonds payable, $30,000; cash, $28,000; common stock, $12,000;
Ferguson, Incorporated, reports the following account balances on December 31, 2024: accounts payable, $32,000; accounts receivable, $17,000; bonds payable, $30,000; cash, $28,000; common stock, $12,000; deferred revenue, $14,000; interest payable, $3,000; inventory. $22,000; equipment (net). $63,000; land. $51,000; notes payable (due in 3 years), $19,000; operating lease assets, $9,000. What is the amount of total long-term assets? Multiple Choice $114,000 $123,000 $140,000 $190,000 3
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