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

	Park				Strand
Current assets	$	110,750			$	26,750
Noncurrent assets		94,250				46,500
Total assets	$	205,000			$	73,250
Current liabilities	$	48,000			$	23,250
Long-term debt		70,000				0
Stockholders' equity		87,000				50,000
Total liabilities and equities	$	205,000			$	73,250

On January 2, Park borrowed $63,600 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 $63,600 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?

$137,500.

$144,580.

$155,200.

$167,000.