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McCaffrey Co s trial balance included the following account balances at December 31, 2021 Accounts receivable $12,700 Inventory 40,000 Patent 12,600 Investments 30,800 Prepaid insurance

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McCaffrey Co s trial balance included the following account balances at December 31, 2021 Accounts receivable $12,700 Inventory 40,000 Patent 12,600 Investments 30,800 Prepaid insurance 7,100 Notes receivable, due 2024 51,800 Investments are treasury bills that were purchased in November, 2021, and mature in January, 2022. Prepaid insurance is for two years. What amount should be included in the current assets section of McCaffrey's December 31, 2021, balance sheet? Multiple Choice $87,050 o $90,600 $56,250 $138.850

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