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Oleson 15 The following information was available for Martin Corporation as of 12/31/Year 9 (after closing entries): Not yet answered Points out of 3 Flag

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Oleson 15 The following information was available for Martin Corporation as of 12/31/Year 9 (after closing entries): Not yet answered Points out of 3 Flag question Accounts Payable 8,000 Accounts Receivable 180,000 Accumulated Depreciation 320,000 Allowance for Doubtful Accounts 9,000 Cash 99,000 Common Stock ($10 par value) 50,000 Equipment 800,000 Salaries Payable 10,000 Bonds Payable (due in Year 15) 100,000 Pald-in Capital in Excess of Par 200,000 Retained Earnings 350,000 Merchandise Inventory 250,000 Mortgage Note Payable 162,000 Uncated Revenue (work will be completed in Y 10) 90,000 Sales Taxes Payable 30,000 $24,000 of the Mortgage Note Payable is due in the next 12 months What is the total amount of Martin Corporation's Current Liabilities as of 12/31/Year 9? Select one: O a $162,000 O b. 548,000 OC $72,000 Od $8,000 Oe. None of these choices

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