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Janson Corporation Co.'s trial balance included the following account balances at December 31, 2016: Accounts receivable $13,800 Inventories 41,000 Patent 13,900 Investments 31,100 Prepaid insurance
Janson Corporation Co.'s trial balance included the following account balances at December 31, 2016: |
Accounts receivable | $13,800 |
Inventories | 41,000 |
Patent | 13,900 |
Investments | 31,100 |
Prepaid insurance | 7,200 |
Note receivable, due 2019 | 50,800 |
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 assets section of Janson's December 31, 2016, balance sheet?
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