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Item19 Item 19 The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Liabilities and Equity Current assets: Current

Item19 Item 19 The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Liabilities and Equity Current assets: Current liabilities: Cash $ 68 Accounts payable $ 233 Accounts receivable (net) 171 Other current liabilities 62 Notes receivable 59 Total current liabilities 295 Inventory 204 Long-term liabilities 97 Prepaid expenses 28 Total liabilities 392 Total current assets 530 Shareholders' equity: Equipment (net) 272 Common stock 144 Retained earnings 266 Total shareholders' equity 410 Total assets $ 802 Total liabilities and equity $ 802 Quick assets total: Multiple Choice $326 thousand. $68 thousand. $298 thousand. $239 thousand.

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