On January 1 2018. Pell Company and Sand Company had condensed balance sheets as follows: Pel Sand Current assets $ 280,000 $ 80,000 Noncurrent assets 380,000 160.000 Total assets 5640.000 $240.000 Current liabilities $ 120,000 $ 40,000 Long-term debt 200,000 -0 Stockholders' equity 320.000 200.000 Total liabilities & stockholders' equity $.640.000 $240.000 On January 2, 2018 Pel borrowed S240,000 and used the proceeds to purchase 90% of the outstanding common stock of Sand This debt is payable in 10 equal al principal payments, plus interest starting December 30, 2018 Any difference between book value and the value implied by the purchase price relates to land On Pell's January 2, 2013 consolidated balance sheet What is the calculation of Non Current Assets Select one: O a $536,000 Ob $520,000 O c. $ 586,667 d. $544,000