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The balance sheet of Embark Inc. shows that its total assets are worth $1,200,000. This includes inventories worth $120,000, patents valued $150,000, and goodwill estimated

The balance sheet of Embark Inc. shows that its total assets are worth $1,200,000. This includes inventories worth $120,000, patents valued $150,000, and goodwill estimated to be worth $70,000. The current liabilities of the company are estimated to be $275,000. In monetary value, the resource stock of Embark Inc. is worth _____.

a. $120,000

b. $1,200,000

c. $275,000

d. $220,000

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