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Question 10 View Policies Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as investments.

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Question 10 View Policies Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as investments. Cash $168500 Accounts receivable 26200 Cheyenne Corp. Balance Sheet December 31, 2017 $128300 Accounts payable Salaries and wages 121100 payable 214700 Mortgage payable 87100 Total liabilities 254500 285500 $335500 Common stock 267800 $462500 Inventory Prepaid insurance Stock Investments (long- term) Land Buildings Less: Accumulated depreciation $355000 (59500) 276000 754500 Trademarks 204800 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1109500 Total assets $1572000 $1572000 $254500 O $469200 O $584500 $0

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