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O A. $8,500 O B. $5,000 O c. $7,500 O D. $23,500 Perpetual Company showed the following balances at the end of its first year:

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O A. $8,500 O B. $5,000 O c. $7,500 O D. $23,500 Perpetual Company showed the following balances at the end of its first year: Cash $ 2,000 Prepaid insurance 3,500 Accounts payable 2,500 Accounts receivable 2,000 Notes payable 3,000 Furniture 1,000 Dividends 500 Accrued liabilities 16,000 Expenses 12,500 How much are the companies total current assets

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