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McK Nursery, Incorporated, reports the following account balances on December 31, 2024: cash, $24,000; accounts receivable, $19,000; inventory. $33,000; equipment (net), $79,000; operating leases,
McK Nursery, Incorporated, reports the following account balances on December 31, 2024: cash, $24,000; accounts receivable, $19,000; inventory. $33,000; equipment (net), $79,000; operating leases, $9,000; accounts payable, $22,000; salaries payable, $9,000; interest payable, $5,000; notes payable (due in 18 months), $38,000; common stock, $66,000. Required: Calculate total current assets and total current liabilities that would appear in the company's year-end balance sheet. Current assets Current liabilities
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