Question Completion Status: Additional Information: in petty cash. 3. The prepaid expenses includes $18,000 that will be consumed during 2017 and $14,000 that will be consumed during 2018 . hold for at least the next three years. All investments in the portfolio have already been marked-to-market and are reported at Fair Value. office building resides. The equipment account includes idle machinery with a book value of $45,000. 7. The notes payable account consists of the following: a. a $50,000 note due in six months. b. a $100,000 bond due in eight years. c. a $150,000 note due in six annual installments of $25,000 each, with the next installment due Nov. 1,2017 . *Interest on all notes has been properly accrued and is included in accrued expenses. Required: After all corrections have been made, determine the correct amount of Current Assets