The following information (in thousands) is for Zhng Office Supplies: Zhng Office Supplies Statement of Financial Position December 31, 2020 Trademark 280,000 Share Capital 480,000 Land 360,000 Retained Earnings 1,000,000 Buildings 400,000 1,480,000 Less:Accum. Depreciation 80,000 320,000 680,000 Land Held for Investment 300,000 Accounts Payable 240,000 Prepaid Insurance 120,000 Salaries Wages Payable 40,000 Inventory 280,000 Mortgage Payable 360,000 640,000 Accounts Receivable 200,000 Cash 260,000 Total Assets 2,120,000 Total Equity and Liabilities 2,120,000 The total amount of assets to be classified as current assets is 1,160,000. 860,000. 720,000. 580,000.