The following balance sheet items, listed in alphabetical order, are available from the records of BAY Corporation at December 31, 20XD: Accounts payable $25,000 Accounts receivable 50,000 Inventory Land $145,000 225,000 Automobiles, net 60,000 Long-Term investment 100,000 Bond payable 500,000 Notes payable, due 11 months 75,000 Buildings, net 980,000 Patents 15,000 Common stock 750,000 Payroll taxes payable 4,000 Cash 47,000 Prepaid expenses 2,500 Income tax payable 13,000 Retained earnings 255,000 Interest payable 3,000 Supplies 500 19.5 How much are the current assets? 20. S How much are the total assets? Chapter 8 21.5 How much are the current liabilities? 22.5 How much are the total liabilities? 23.5 How much is the total stockholders' equity? 24. What is the current ratio, (round to two decimal places)? Page 8-2