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The December 31, 2016 (pre-closing) adjusted trial balance for Kline Enterprises was as follows: Debit Credit Accounts payable 100,000 Accounts receivable 180,000 Accumulated depreciation -

The December 31, 2016 (pre-closing) adjusted trial balance for Kline Enterprises was as follows:

Debit Credit
Accounts payable 100,000
Accounts receivable 180,000
Accumulated depreciation - equipment 270,000
Capital stock 500,000
Cash 36,000
Cost of goods sold 490,000
Depreciation expense 70,000
Equipment 720,000
Interest expense 7,000
Inventory 160,000
Note payable (due in six months) 70,000
Rent expense 40,000
Retained earnings 75,000
Salaries and wages payable 18,000
Sales revenue 800,000
Salaries expense 130,000
Totals 1,833,000 1,833,000

Required:

Assuming no income taxes, compute the Kline's 12/31/16 total current assets:

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