Question 10 of 30 View Policies Current Attempt in Progress The following trial balance of Ivanhoe Company at December 31, 2020 has been properly adjusted except for the income expense adjustment Ivanhoe Company Trial Balance December 31, 2020 Dr. Cr. $ 876500 2706000 2089000 7560000 $ Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable and accrued liabilities Income taxes payable Deferred income tax liability Common stock Additional paid-in capital Retained earnings. 1/1/20 Net sales and other revenues 1760000 659000 85000 2344000 3678000 3527000 12881500 Costs and expenses Income tax expenses 11190000 513000 $24934500 $24934500 Included in accounts receivable is $1180000 due from a customer and payable in quarterly installments of $147500. The last payment is due December 29, 2022. In Ivanhoe's December 31, 2020 balance sheet, The current assets total is O $5524000 $5081500 $5671500 O $6184500