SportsWorld bought a new display case for $12,000 and was given a trade-in of $2,000 on an old display case. The old case had an original cost of $7.000 and accumulated depreciation of $4,000 to the date of trade-in. SportsWorld should record the new display case at: Multiple Choice $10.500 $11.700 $12.000 $10,000 Prev 1 of 5 Next > 200PM e to search Multiple Choice 1 $10,500 points 00:28:54 $11,700 $12,000 $10,000 $11.500 Prav 1 of 5 Next > Mc Graw Hill 2:00 PM 6/22/2020 Type here to search acer Below are the alphabetized list of adjusted account balances 3 6 points Account Accounts receivable Accumulated depreciation, building Allowance for doubtful accounts Bad debt expense Building Cash Merchandise inventory Notes receivable, due May 1, 2022 Notes receivable, due Nov. 30, 2020 Supplies Balance $119,000 31,700 2,530 2,280 410,000 20,750 91,000 70,000 16,100 5,899 00:27:49 "Assume all balances are normal. Prepare the current asset section of Listel's March 31, 2020, balance sheet. (List assets in the order of liquidity.) Listel Partial Balance Sheet March 31, 2020 Assets Current assets Mc Graw