On January 1, Park Corporation and Strand Corporation had condensed balance sheets as follows:

	Park		Strand
Current assets	$	83,500	$	32,350
Noncurrent assets		98,250		44,900
Total assets	$	181,750	$	77,250
Current liabilities	$	31,250	$	27,250
Long-term debt		57,500
Stockholders' equity		93,000		50,000
Total liabilities and equities	$	181,750	$	77,250

On January 2, Park borrowed $60,800 and used the proceeds to obtain 80 percent of the outstanding common shares of Strand. The acquisition price was considered proportionate to Strands total fair value. The $60,800 debt is payable in 10 equal annual principal payments, plus interest, beginning December 31. The excess fair value of the investment over the underlying book value of the acquired net assets is allocated to inventory (60 percent) and to goodwill (40 percent).

On a consolidated balance sheet as of January 2, what should be the amount for current assets?

$115,850.

$131,450.

$122,090.

$141,850.