QUESTION 37 When preparing a report form of a Balance Sheet for a merchandising business, assume that the Ajusted Trial Balance has the following account and their balances: Cash, $50,000; Accounts Receivable, $60,000; Merchandise Inventory, $100,000; Land, $30,000; Equipment, $140,000; Accumulated Depreciation-Equipment, $40,000. What would be the total amount of Current Assets for this Balance Sheet? Assets Current Assets: Tdal Current Assets Property, Plant, & Equipment Total Property Plant & Equip. $50,000 $110,000 $210,000 $240,000