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Question 37 (4 points) MNO Landscaping Company has the following selected financial statement items for 2021, presented in no particular order: Salaries and wages payable

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Question 37 (4 points) MNO Landscaping Company has the following selected financial statement items for 2021, presented in no particular order: Salaries and wages payable $ 10,000 Accounts receivable 11,000 Cash 14,000 Equipment 210,000 Insurance expense 3,000 Notes payable (due in 1 year) 70,000 Prepaid insurance 6,000 Unearned service revenue 3,000 Service revenue 130,000 Supplies 4,000 Supplies expense 6,000 Think about our coverage of the classified balance sheet in Chapter 2. Based on the information above, what is the total amount of current assets that would be shown on the classified balance sheet of MNO at 12/31/2021? a) $125,000 (b) $35,000 O c) $47,000 (d) $73,000 (e) None of the choices are correct

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