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Lime Key Corporation's trial balance for 12/31, the end of its fiscal year, included the following accounts: Accounts Receivable $28,000 Inventories 55,000 Copyright 18,000 Investments*

Lime Key Corporation's trial balance for 12/31, the end of its fiscal year, included the following accounts:

Accounts Receivable

$28,000

Inventories

55,000

Copyright

18,000

Investments*

44,000

Prepaid Insurance**

9,000

Note receivable, due in two years

74,000

Cash in Bank

7,500

* Investments are treasury bills that were purchased in September 1 and mature on November 15.

** Prepaid insurance is a three-year policy that was purchased on January 1.

The amount that should be classified as current assets in the December 31 balance sheet is ________.

Group of answer choices

$137,500

$143,500

$96,500

$134,500

$235,500

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