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Mare Co's December 31,20x1 balance sheet reported the following current assets: Cash 70,000 Accounts receivable 120,000 Inventories 60,000 Total: 250,000 An analysis of the accounts

Mare Co's December 31,20x1 balance sheet reported the following current assets:

Cash 70,000

Accounts receivable 120,000

Inventories 60,000

Total: 250,000

An analysis of the accounts disclosed that accounts receivable consisted of the following:

Trade accounts 96,000

Allowance for uncollectible accounts (2,000)

Selling price of Mares unsold goods out on

Consignment 130% of cost, not included in Mare's

Ending inventory 26,000

Total: 120,000

At December 31, 20x1, the total of Mare's current asset is?

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