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The following information is provided for Eugene Inc. Cash Property, plant, and equipment Short-term investments Accounts payable Inventory - estimated returns Inventory Allowance for sales

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The following information is provided for Eugene Inc. Cash Property, plant, and equipment Short-term investments Accounts payable Inventory - estimated returns Inventory Allowance for sales returns Prepaid insurance for one year Estimated warranty liability Patent Allowance for doubtful accounts Accounts receivable, gross $1,000 2,000 3,000 2,500 1,000 5,000 1,000 3,000 1,000 1,000 1,000 5,000 Determine the amount of current assets. $15.000 None of other answer choices is correct $17.000 $16.000

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