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The following list of accounts is from the adjusted trial balance for Martinez Corporation: Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Advertising expenses Buildings
The following list of accounts is from the adjusted trial balance for Martinez Corporation: Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Advertising expenses Buildings Cash Common shares Cost of goods sold Deferred revenue Depreciation expense $131,320 183,260 96,040 222,460 109,760 419,440 69,580 225,400 1,091,720 31,360 184,240 Equipment Income tax expense Insurance expense Inventory Land Loan payable (due in 2 years) Prepaid expenses Property tax payable Refund liability Salaries expense Salaries payable Sales $926,100 59,780 114,660 227,360 1,078,000 1,911,000 28,420 17,640 20,580 760,480 25,480 2,571,520 Determine the amount of Martinez's current assets and current liabilities. Total current assets $ Total current liabilities $
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