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Use the following data to determine the total dollar amount of assets to be classified as current assets. Blue Spruce Corp. Balance Sheet December 31,

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Use the following data to determine the total dollar amount of assets to be classified as current assets. Blue Spruce Corp. Balance Sheet December 31, 2022 $185000 Accounts payable 142000 Salaries and wages payable 154000 Mortgage payable 85800 Total liabilities 269000 270000 $305000 Common stock Cash Accounts receivable Inventory Prepaid insurance Stock investments (long-term) Land Buildings Less: Accumulated depreciation $207000 31500 227000 $465500 $368300 (62000) 243000 Retained earnings 727000 Goodwill 212000 $1095300 Total stockholders' equity Total liabilities and stockholders'equity Total assets $1560800 $1560800 O $481000 $566800 $412800

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