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Huron has provided the following year-end balances: Cash, $24,000 Patents, $7,900 Accounts receivable, $9,100 Property, plant, and equipment, $98,900 Prepaid insurance, $4,600 Accumulated depreciation, $20,000

Huron has provided the following year-end balances:

Cash, $24,000

Patents, $7,900

Accounts receivable, $9,100

Property, plant, and equipment, $98,900

Prepaid insurance, $4,600

Accumulated depreciation, $20,000

Inventory, $44,000

Retained earnings, 15,500

Trademarks, $13,600

Accounts payable, $8,000

Goodwill, $10,000

How much are Huron's current assets?

Multiple Choice

  • $109,900.

  • $77,100.

  • $91,700.

  • $81,700.

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