Question 12 (1 point) HONEST RON'S FURNITURE OUTLET LTD. Statement of Financial Position December 31, 2022 $ 30,000 10,000 130.000 $170,000 Cash Accounts receivable Supplies Inventory Land Building Less: Accum Depreciation Trademark Less: Accum Amortization Total assets $100,000 20,000 $ 40,000 10.000 $ 5,000 Accounts payable 20,000 Salaries payable 1,000 Mortgage payable 170,000 Total liabilities 100,000 Shareholders' equity Common shares 80,000 Retained earnings Total shareholders' equity 30.000 Total liabilities and $406.000 shareholders' equity $140,000 96.000 236.000 $406.000 The dollar amount of current assets is $196,000. O $ 40,000 $ 25,000 $ 26,000