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Help Save & Exit Accounts receivable $12,900 Inventory 41,000 Patent 13,900 Investments 31,400 Prepaid insurance 7,100 Notes receivable, due 2024 52,000 Investments consist of treasury
Help Save & Exit Accounts receivable $12,900 Inventory 41,000 Patent 13,900 Investments 31,400 Prepaid insurance 7,100 Notes receivable, due 2024 52,000 Investments consist of treasury bills that were purchased in November, 2021, and mature in January, 2022. The balance of prepaid insurance represents coverage over the next two years. What amount should be included in the current assets section of Janson's December 31, 2021, balance sheet? Multiple Choice $88,850 $140,850 $57,450
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