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Loomer Corporation's trial balance has the following selected accounts: Cash ( includes $ 5 , 0 0 0 long - term bond sinking fund )

Loomer Corporation's trial balance has the following selected accounts:
Cash (includes $5,000 long-term bond sinking fund) $40,000
Accounts receivable 25,000
Allowance for doubtful accounts 2,500
Deposits received from customers 4,000
Merchandise inventory 10,000
Unearned rent 3,000
Investment in trading securities 5,000
What amount should Loomer report as total current assets in its balance sheet?

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