Question 7 of 10 -73 View Policies Current Attempt in Progress The Kingbird, Inc. has five plants nationwide that cost $340 million. The current fair value of the plants is $570 million. The plants will be reported as assets at O $230 million. O $910 million. O $570 million. O $340 million. Question 8 of 10 > View Policies Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as current assets. Wildhorse Co. Balance Sheet December 31, 2022 Cash and cash equivalents $69500 $126000 Accounts receivable 103000 16700 Accounts payable Salaries and wages payable Bonds payable Total liabilities 145500 150000 Inventory Prepaid insurance 76000 $292700 193500 187500 Stock investments Land Buildings Less: Accumulated depreciation $221500 Common stock $259300 (55500) 166000 Retained earnings 514000 Trademarks 125000 $773300 Total stockholders' equity Total liabilities and stockholders' equity Total assets $1066000 $1066000 O $587500 $248500 O $292700 O $394000