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Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts: Investments are treasury bilis thet were purchased in

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Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts: Investments are treasury bilis thet were purchased in May and mature on August 15 . Prepaid inaurance is a three -year policy that was purchased co July 31. The amcuint that should be classifed as current assets in the July 31 balance sheet is A. $144,500 B. $213,500 c. $136,500 D. $86,000 Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts: Investments are treasury bilis thet were purchased in May and mature on August 15 . Prepaid inaurance is a three -year policy that was purchased co July 31. The amcuint that should be classifed as current assets in the July 31 balance sheet is A. $144,500 B. $213,500 c. $136,500 D. $86,000

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