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Layano hotel has the following information for the year 2019: Beginning balance -accounts receivable $660,000 Ending balance -accounts receivable $160,000 Beginning balance -Inventory $450,000 Ending

Layano hotel has the following information for the year 2019:

Beginning balance -accounts receivable $660,000

Ending balance -accounts receivable $160,000

Beginning balance -Inventory $450,000

Ending balance -Inventory $360,000

Sales revenue $1,480,000

Cash $ 240,000

Cash equivalent $60,000

Operating Equipment (9 months) $80,000

Operating Equipment (5 years) $300,000

Supplies $20,000

Current liabilities $ 200,000

Property, plant and equipment 690,000

Cash sales revenue represents 30% of the total sales revenue

What is the amount of the current assets?

$ 920,000

$1,890,000

$ 1,200,000

$ 2,190,000

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