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Pharoah Company Balance Sheet December 31, 2022 , Cash $ 25,000 Accounts payable $ 3,700 Accounts receivable 19,200 Salaries and wages payable 2,900 Inventory 11,500

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Pharoah Company Balance Sheet December 31, 2022 , Cash $ 25,000 Accounts payable $ 3,700 Accounts receivable 19,200 Salaries and wages payable 2,900 Inventory 11,500 150,000 Note payable (due 2025) Total liabilities Supplies 1,000 156,600 Prepaid insurance 2.900 Land 26,800 Buildings $ 237,000 Common stock 50,000 Less: Accumulated depreciation (105,000) 132.000 Retained earnings 13,900 Trademark 2.100 Total stockholders' equity 63,900 Total assets $ 220,500 Total liabilities and stockholders' equity $ 220,500 Compute(a) total current assets and (b) total property, plant and equipment. (a) Total current assets $ (b) Total property, plant and equipment $

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