Fox LP balance sheet at 12/31/23 includes (credit balances presented as a negative):

Cash 600,000

Accounts Receivable 3,000,000

Allowance for Doubtful Accounts (200,000)

Prepaid Rent 1,200,000

Prepaid Income Tax 150,000

Equipment 5,000,000

Accumulated Depreciation (1,000,000)

Trademarks 200,000

Accounts Payable 500,000

Unearned Revenue 750,000

Current Portion of Notes Payable 25,000

15yr Note Payable 1,000,000

What is Fox LP's current assets at 12/31/23?

Group of answer choices

a. $4,600,000

b. $4,750,000

c. $4,800,000

d. $4,950,000