Problem 1-60A Income Statement and Balance Sheet The following information for Rogers Enterprises is available at December 31, 2019, and includes all of Rogers' financial statement amounts except retained earnings: Accounts receivable $72,920 Property, plant, and equipment $90,000 Cash 13,240 Rent expense 135,000 Common shares (10,000 issued) 70,000 Retained earnings Income tax expense 12,800 Salaries expense 235,200 Income taxes payable 4,150 Salaries payable 14,800 Interest expense 16,000 Service revenue 463,500 Notes payable (due in 10 years) 25,000 Supplies 42,000 Prepaid rent building) 31,500 Supplies expense 34,400 Multiple-Choice Exercise 1-7 At December 31, Marker reported the following items: cash, $7,500; inventory, $3,900; accounts payable, $5,900; accounts receivable, $3,10 common stock, $6,000; property, plant, and equipment, $10,500; interest payable, $1,600; retained earnings, $11,500. What is the total of Marker's current assets? a. $13,700 b. $14,500 c. $12,100 d. $25,000 Problem 1-60A Income Statement and Balance Sheet The following information for Rogers Enterprises is available at December 31, 2019, and includes all of Rogers' financial statement amounts except retained earnings: Accounts receivable $72,920 Property, plant, and equipment $90,000 Cash 13,240 Rent expense 135,000 Common shares (10,000 issued) 70,000 Retained earnings Income tax expense 12,800 Salaries expense 235,200 Income taxes payable 4,150 Salaries payable 14,800 Interest expense 16,000 Service revenue 463,500 Notes payable (due in 10 years) 25,000 Supplies 42,000 Prepaid rent building) 31,500 Supplies expense 34,400 Multiple-Choice Exercise 1-7 At December 31, Marker reported the following items: cash, $7,500; inventory, $3,900; accounts payable, $5,900; accounts receivable, $3,10 common stock, $6,000; property, plant, and equipment, $10,500; interest payable, $1,600; retained earnings, $11,500. What is the total of Marker's current assets? a. $13,700 b. $14,500 c. $12,100 d. $25,000