Gibson Accounting LLC
Selected Financial Information
As of December 31, 2019
Account Name		Amount
Accounts Payable		5,600
Accounts Receivable		51,900
Cash		23,400
Computers		45,000
Depreciation Expense		250
Equipment		26,700
Goodwill		75,000
Inventory		550,000
Long-term Debt ($50,000 is due by January 31, 2020)		160,000
Long-Term Investments		64,000
Mortgage Payable		250,000
Notes Payable ($60,000 is due by December 31, 2025)		100,000
Owner's Capital		89,000
Supplies		100
Supplies Expense		150
Unearned Service Revenue		23,000
What are the Current Assets and Current Liabiities totals
respectively:

	1.	$118,400 and $754,400
	2.	$595,400 and $255,600
	3.	$625,400 and $118,600
	4.	$125,700 and $499,300