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The balance sheet for Sandhill Co. is as follows: Sandhill Co. Balance Sheet December 31, 2022 $25,500 Accounts payable 18.700 Salaries and wages payable 11.700

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The balance sheet for Sandhill Co. is as follows: Sandhill Co. Balance Sheet December 31, 2022 $25,500 Accounts payable 18.700 Salaries and wages payable 11.700 Note payable (due 2025) 1.200 Total liabilities 2.700 25.200 Common stock 147.000 Retained earnings 2.100 Total stockholders' equity $234.100 Total liabilities and stockholders equity Cash Accounts receivable Inventory Supplies Prepaid insurance Land Buildings Less: Accumulated depreciation Trademark Total assets $ 3,700 2,600 156,000 162,300 $248,000 (101.000) 45.000 26,800 71.800 $234,100 Compute(a) total current assets and (b) total property, plant and equipment (a) Total current assets $ (b) Total property, plant and equipment $

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