"Given the following balance sheet, find the net operating assets. Please show your work, thanks!

Question 4 "Given the following balance sheet, find the net operating assets. Assume all cash is operating. Assets Liabilities and Equity Current assets Liabilities Cash and short-term investments 10 Debt in current liabilities 30 Receivables 20 Accounts payable 20 Inventories 30 Income taxes payable 10 Current assets total 60 60 Long-term assets Property, plant, and equipment - total (net) 100 40 Investments 20 10 Long-term assets - total 120 50 70 Assets - total 180 180 Selected Answer: 20 Correct Answer: 120 Current liabilities - total Long-term debt Deferred taxes Long-term liabilities - total Stockholders equity - total Assets - total