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Listed below are assets and liabilities of Pharoah Corporation for the years 2021 and 2022. Each is listed in alphabetical order. Assets 2022 2021 2022 2021 $4,700 27,700 Accounts receivable Cash Equipment (net) Inventory Land Supplies Total assets $3,400 2,600 52,500 5,400 30,500 Liabilities Accounts payable Bonds payable Notes payable (current) Notes payable (long-term) $4,100 2,880 58,500 5,900 30,500 2,400 $104,280 $5,600 32,700 3,900 6,700 3,300 5,700 2,090 $96,490 Total liabilities $48,900 $41,400 Pharoah reported net income of $56,500 for 2022 and $50,500 for 2021. (a) Your answer is incorrect. Compute total current assets and total current liabilities for each year. 2022 2021 Total current assets $ $ $ Total current liabilities $ e Textbook and Media Save for Later Last saved 19 hours ago. Attempts: 1 of 3 used Submit Answer Saved work will be auto-submitted on the due date