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Janson Corporation Co.'s trial balance included the following account balances at December 31, 2016: Accounts receviable 12,000, Inventories 40,000, Patent 12,000, Investments 30,000, Prepaid insurance

Janson Corporation Co.'s trial balance included the following account balances at December 31, 2016:

Accounts receviable 12,000, Inventories 40,000, Patent 12,000, Investments 30,000, Prepaid insurance 6,000, and Notes receviable, due 2019

Investments consist of treasury bills that were purchased in November and mature in January. Prepaid insurance is for the next two years. What amount should be included in the current asset section of Janson's December 31, 2016, balance sheet?

a) 88,000

b) 135,000

c) 55,000

d) 85,000

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