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Rogo Corp. ' s trial balance reflected the following account balances at December 3 1 , year 1 : Accounts receivable ( net ) $

Rogo Corp.'s trial balance reflected the following account balances at December 31, year 1: Accounts receivable (net) $16,000 Short-term investments 5,000 Accumulated depreciation on equipment and furniture 15,000 Cash 11,000 Inventory 30,000 Equipment and furniture 25,000 Patent 4,000 Prepaid expenses 1,000 Land held for future business site 18,000 In Rogo Corp.'s December 31, year 1 balance sheet, the current assets total is

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