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The Barden Company provides the following trial balance as of December 31, 2018. Debit Credit Cash and cash equivalents $ 345,000 Accounts receivable 115,000 Inventory

The Barden Company provides the following trial balance as of December 31, 2018.

DebitCredit
Cash and cash equivalents$345,000
Accounts receivable115,000
Inventory120,000
Prepaid insurance7,500
Prepaid rent40,000
Equipment265,000
Accumulated depreciation – Equipment65,000
Accounts payable45,000
Accrued liabilities10,000
Notes payable, due in 2020135,000
Common stock300,000
Additional paid-in capital87,500
Retained earnings250,000
Total$892,500$892,500


What would Barden report as current assets on its balance sheet?

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