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The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows: Account Title Accounts payable Accounts receivable Accumulated depreciation Common stock Cash
The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows: Account Title Accounts payable Accounts receivable Accumulated depreciation Common stock Cash Cost of goods sold Depreciation expense Equipment Debit Credit $91,000 $171,000 261,000 491,000 27,000 481,000 61,000 702,000 Interest expense 5,000 Inventory 151,000 Note payable (due in six months) 61,000 Rent expense 31,000 Retained earnings 64,000 Salaries payable 9,000 Sales revenue 773,000 Salaries expense 121,000 Totals $ 1,750,000 $ 1,750,000 Required: Assuming no income taxes, compute Kline's 12/31/2024 total current assets. Current assets
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