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The following list of accounts is from the adjusted trial balance for Pronghorn Corporation: Accounts payable $120,600 Equipment $850,500 Accounts receivable 168,300 Income tax expense

The following list of accounts is from the adjusted trial balance for Pronghorn Corporation:

Accounts payable

$120,600

Equipment

$850,500

Accounts receivable

168,300

Income tax expense

54,900

Accumulated depreciationbuildings

88,200

Insurance expense

105,300

Accumulated depreciationequipment

204,300

Inventory

208,800

Advertising expenses

100,800

Land

990,000

Buildings

385,200

Loan payable (due in 2 years)

1,755,000

Cash

63,900

Prepaid expenses

26,100

Common shares

207,000

Property tax payable

16,200

Cost of goods sold

1,002,600

Refund liability

18,900

Deferred revenue

28,800

Salaries expense

698,400

Depreciation expense

169,200

Salaries payable

23,400

Sales

2,361,600
Gross profit $1359000
Net income $230400

(c)

Determine the amount of Pronghorns current assets and current liabilities.

Total current assets

$

Total current liabilities

$

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